Exit Planning Advice By Market
Selling an Acupuncture and Acupressure Specialists 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 acupuncture and acupressure specialists business, it's in your best interest to maximize the sales price through the application of proven sales techniques.
We hear it all the time: "I'm waiting until the economy recovers to list my business."
Fortunately for sellers, forward-thinking entrepreneurs continue to be attracted to acupuncture and acupressure specialists businesses that exhibit strong financials and potential for future growth.
Valuation Methods
Multiple valuation methods exist for an acupuncture and acupressure specialists business. While the income method uses anticipated revenues as a value basis, the asset method focuses on the company's capital, real estate and intellectual assets. In many sales, the most accurate valuation comes from the market method which determines value based on the recent sales of similar businesses. As a safeguard, consider conducting appraisals using variations of multiple appraisal methods. Sellers should take note of the fact that all three valuation methods reward businesses that takes steps to increase assets and income.
Broker vs. No Broker
When selling an acupuncture and acupressure specialists business, you have two choices: Hire a broker to facilitate the sale or perform the sale unassisted. Business brokers typically charge a 10% "success fee" when they sell a business, but they also handle many of the hassles that are associated with selling an acupuncture and acupressure specialists business. If you're on the fence, do your research before you make a final decision. BizBuySell.com and other websites offer detailed information about brokers and the process of performing a brokered acupuncture and acupressure specialists business sale.
Current Market Conditions
No one plans to sell an acupuncture and acupressure specialists business in a down economy. So far, government intervention and promises that the economy is slowly recovering haven't been enough to alleviate many entrepreneur's fears. Despite the risks, sellers need to be cognizant of the fact that there is a large volume of acupuncture and acupressure specialists businesses waiting to be listed until the economy rebounds. When that happens, the buyers' market will become even stronger and have a negative impact on prices. 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 acupuncture and acupressure specialists business as attractive as possible so to buyers right now.
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