September 15, 2019  
 
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Selling a Swimming Pools Water Delivery Business

Looking for shortcuts? You won't find them when you sell a swimming pools water delivery business. In this industry, a business sale takes time, effort and dedication. But with a few tips, you can keep your shirt and your sanity in the sale of your business.

Dire economic forecasts have forced many swimming pools water delivery business sellers into hibernation. Instead of listing their companies now, they're hanging back until they see signs of an economic recovery.
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The good news is that ambitious entrepreneurs continue to see swimming pools water delivery businesses as a smart business investment -- and the market is rewarding owners who are willing to invest time and energy in their sale.

Negotiation Exit Strategy

Negotiations have a way of dragging on forever. Yet eventually many negotiations reach a stage where further discussion is pointless. In a swimming pools water delivery business sale, a stalled negotiation can be an indication that the deal is dead. At this point in the process, an awareness of negotiation parameters really pays off. If the buyer is unwilling to accept your minimum demands, it's time to end negotiations and move on to the next prospect.

Sale Costs

You'll need to incorporate the cost of the sale into the calculation the minimum price you are willing to receive for your swimming pools water delivery business. Although they can significantly increase the final sale price, brokers typically receive a 10% commission. Depending on your circumstances, you may also incur substantial expenses in hiring legal, appraisal and accounting professionals. Likewise, you'll need to consider how much it will cost to promote the sale as well as the lost time it will take for you and your team to navigate the sale process.

Sale Preparations for Your Swimming Pools Water Delivery Business

The outcome of a business sale is largely determined prior to a market listing. Profitable swimming pools water delivery business sales opportunities leverage a long-term strategy to increase the value of the business to buyers. Even though it may take years to adequately position your swimming pools water delivery business, the amount of preparation you perform will have direct correlation on asking and sale prices. But your efforts to improve your company's position and profitability will only be effective if you invest similar effort into the preparation of accurate financial statements for buyers.

More Exit Planning Articles

Ready to learn more? You may find these additional resources to be of interest.

Why Most Businesses Do Not Have Exit Plans

Marketing a Swimming Pools Water Delivery Business

How to Sell a Business


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