Sell a Business for the Best Price
Selling a Pizza Delivery Services Business
Business sellers have diverse personal and professional goals for the sale of their companies. But no matter what you expect from the sale of your pizza delivery services business, it's in your best interest to maximize the sales price through the application of proven sales techniques.
Dire economic forecasts have forced many pizza delivery services business sellers into hibernation. Instead of listing their companies now, they're hanging back until they see signs of an economic recovery.
However, serious buyers also understand the value of a good pizza delivery services business. So for pizza delivery services business sellers, today's market is all about convincing buyers that the numbers make their companies worth the asking price.
Current Market Conditions
At first glance, today's market would seem to be a hostile place for pizza delivery services business sellers. So far, government intervention and promises that the economy is slowly recovering haven't been enough to alleviate many entrepreneur's fears. However, many business sellers don't realize that a full economic rebound can have devastating consequences, particularly if sellers who have waited to list their businesses suddenly create a glut in the business-for-sale marketplace. So what's our point? The economy isn't the most important factor in the sale of your business. Instead, you should be focusing on making your pizza delivery services business as attractive as possible so to buyers right now.
Selling to a Family Member
The idea of passing a business along to a family member sounds idyllic to many business owners. in reality, a family-based pizza delivery services business sale can be more complicated than selling to a stranger. Often, a sale to a family member creates fractures within the family. Whether you offer the family member special concessions or not, either the buyer or other family members may take offense. The best advice: if a family sale is a possibility, it needs to be handled objectively, with ample input from third-party advisors.
Working with Accountants
Professional accountants lend credibility to the financial preparation of a pizza delivery services business sale. From a seller perspective, an accountant can offer personal financial assistance, especially when it comes to handling the disposition of sale proceeds. Brokers often advise their clients to have an accountant perform an audit of the business prior to sale. With seller financing becoming common, professional accountants are playing a more central role in negotiations and buyer qualification.
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