Sell a Business Tips
Selling a Shower Doors and Enclosures Wholesale and Manufacturers Business
Despite the pessimistic mood of many sellers, your shower doors and enclosures wholesale and manufacturers business can be a high value acquisition target for ambitious entrepreneurs -- even in today's tough economy.
The business-for-sale market is just as frustrating for buyers as it is for sellers these days. Although there are plenty of entrepreneurs who want to buy a shower doors and enclosures wholesale and manufacturers business, capital restrictions are holding them back.
Many business owners don't know that shower doors and enclosures wholesale and manufacturers businesses are still a hot commodity, to the extent that sellers have properly prepared them for the marketplace.
Selecting a Broker
Good business brokers inevitably produce better business sales. In the shower doors and enclosures wholesale and manufacturers business industry, experience is a must-have characteristic for qualified brokerage. The best brokers should also come with a list of references, a demonstrable track record and a proven plan for selling shower doors and enclosures wholesale and manufacturers businesses.
Sale Preparation Timeframes
It's critical to properly plan for the sale ofa shower doors and enclosures wholesale and manufacturers business. Since buyers prefer to see evidence of future cash flow, you'll want to to strategically lock in cash flows and increase profits before you list the business. Next, the business will need to be documented in professional financial statements and manuals that facilitate the ownership transition. At a minimum, plan on spending six months preparing your shower doors and enclosures wholesale and manufacturers business for the marketplace. A more likely scenario is that it will take more than a year to create the conditions necessary to receive the maximum sale price.
Turning the Tables: Buyer Concessions
Sellers aren't the only ones who can make concessions in a business sale. In many instances, sellers can request buyer concessions. Although this scenario frequently plays out around seller financed deals, it's possible to push for a higher sales price or other form of compensation if you agree to mentor the buyer for a specified period of time. You can also choose to exclude certain items like equipment or inventory from the deal if the buyer isn't willing to meet your price expectations. By selling excluded assets on the secondary market, you can compensate for an anemic sale price.
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