November 14, 2019  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Resources for Entrepreneurs

 

Selling a Business

 

Selling an Aircraft Parts and Equipment Wholesale and Manufacturing Business

A lot can go wrong during the sale of an aircraft parts and equipment wholesale and manufacturing business these days. More than ever before, it's important for sellers to know the tactics and techniques that are being used to maximize sales price and achieve desired sale outcomes.

In a down economy, many aircraft parts and equipment wholesale and manufacturing business sellers wait to list their businesses until they see signs that the economy has rebounded, making it difficult to accurately evaluate the number of aircraft parts and equipment wholesale and manufacturing businesses that are actually for sale.
(article continues below)

There is no simple way to sell a business. But the most prepared aircraft parts and equipment wholesale and manufacturing business sellers are achieving fair market value and more for their companies through persistence and the application of sound selling techniques.

Should I Hire a Business 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 aircraft parts and equipment wholesale and manufacturing business much less painful. You can also expect to receive a higher sales price for your business in a broker-assisted deal.

Team-Based Negotiation Strategies

It's not unusual for aircraft parts and equipment wholesale and manufacturing business sellers to feel overwhelmed when they negotiate the sale of their business. A solo negotiation is a surefire way to may a tough job even tougher. A negotiation team comprised of trusted advisors and senior business leaders is essential in helping you devise a winning negotiation strategy. More importantly, a negotiation team can serve as a sounding board -- an objective presence that prohibits your personal emotions from clouding your judgment or sabotaging your efforts to negotiate a successful deal.

Preparing Family Members

You're ready to sell your aircraft parts and equipment wholesale and manufacturing business, but is your family prepared for the transition? In many cases, we find that even though business owners are equipped to handle their ownership exit, their family members are having a hard time letting go of the business, especially if family life has revolved around the demands of the aircraft parts and equipment wholesale and manufacturing business. The sale of the business will likely result in new family dynamics. Subsequently, selling an aircraft parts and equipment wholesale and manufacturing business has to include ample communication and shared decision-making.

More Info on Business Transitions and Related Articles

We think you may find these additional resources to be of interest.

Entrepreneurial Exit Strategies

Marketing an Aircraft Parts and Equipment Wholesale and Manufacturing Business

Renewing Leases Prior to Selling a Business


Conversation Board

Looking for more information about how to sell an aircraft parts and equipment wholesale and manufacturing business? Then we want to hear from you! Send us your comments and questions, and we'll do our best to help you.


Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

Need Information on Starting an Aircraft Parts & Equipment Wholesale & Manufacturing Business?

If you plan on opening an aircraft parts and equipment wholesale and manufacturing business, these helpul resources may be just what you've been looking for:

Opening an Aircraft Parts & Equipment Wholesale & Manufacturing Business

Do You Market Products or Services to Aircraft Parts & Equipment Wholesale & Manufacturing Businesses?

If you want information on how to sell to aircraft parts and equipment wholesale and manufacturing businesses, there's more applicable information for you elsewhere on our site. These helpful guides are more appropriate for you:

Selling to Aircraft Parts and Equipment Wholesale and Manufacturing Businesses

Mailing Lists for Aircraft Parts and Equipment Wholesale and Manufacturing Businesses

More Business Transfer Information

If you are eager to get business succession tips for a different industry, please browse our directory of exit planning guides below.

Browse more niche exit planning guides:

 

 

 

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary