Advice on Niche Market Exit Planning
Selling a Tape Applying and Dispensing Machines Business
Nervous about selling your tape applying and dispensing machines business? You shouldn't be. Our tips will help you get the highest price for your tape applying and dispensing machines business, regardless of what's happening with the economy.
We hear it all the time: "I'm waiting until the economy recovers to list my business."
For sellers who are willing to perform adequate sale preparation, the numbers make tape applying and dispensing machines businesses a solid investment for qualified buyers in the business-for-sale marketplace.
Broker vs. No Broker
The decision of whether or not to hire a business broker should never be taken lightly. Is there a cost associated with hiring a broker? Sure - about 10% of the final sale prices. But a good broker will make selling your tape applying and dispensing machines business much less painful. You can also expect to receive a higher sales price for your business in a broker-assisted deal.
Moving On
The decision to sell your tape applying and dispensing machines business can't be made without adequate consideration of what will happen after the sale. many sellers find themselves ill-equipped to handle life after their business and fail to understand that their future plans can influence the sale process. In today's market, many buyers expect seller financing - a concession that might not be a possibility for sellers whose next step requires the entire proceeds at the time of the sale.
Why Confidentiality Matters
Highly publicized tape applying and dispensing machines business sales are risky tape applying and dispensing machines businesssales. If you are rigorous about maintaining a confidential sale, there is little risk in putting your tape applying and dispensing machines business on the market. Eventually, word will leak out. When that happens, it can damage your standing with customers and vendors. Although it can be difficult, it's important to strike a balance between confidentiality and sale promotion. Brokers and consultants can mitigate the risk by implementing confidential sale techniques.
Share this article
Additional Resources for Entrepreneurs