November 14, 2019  
 
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Selling a Company

 

Selling an Airline Support Service

We hear from a lot of business owners who are timid about listing their airline support service. Despite the mood of the market, we think there are still opportunities to receive a good price for your airline support service. Here's what you need to know . . .

Most business sellers are interested in disposing of their businesses as quickly as possible. But that's not how an airline support service sale works.
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If you're ready to move on, now is the right time to sell your airline support service.

Post-Sale Details

Due diligence has ended and you're ready to close on the sale of your airline support service. All that stands between you and the sale proceeds is a few signatures, right? Not so fast. The transition to the new owner, the distribution of sale proceeds and other issues can weigh heavily on sellers. If there are pending details that still need to ironed out, address them ASAP to ensure a smooth closing and transition.

Business Assets

Buyers typically perform an independent appraisal of your airline support service's physical assets. Most sellers, however, conduct a pre-sale appraisal to gain an accurate gauge of asset value prior to negotiations. A professional appraisal is a necessity because it gives you the information you need to negotiate a sale price. During your appraisal process, you should also note the condition of your assets. Cost-effective repairs can then be made before your list your airline support service.

What to Expect in an Airline Support Service Sale

Prepare yourself to feel a broad range of emotions when you sell an airline support service. From hopefulness to remorse, it's all part of exiting of your company. Many sellers experience discouragement during a long sale process. Although it isn't easy, you can mitigate the emotional impact of an airline support service sale by setting realistic expectations before you list your business.

More Info on Business Transitions and Related Articles

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

How to Sell a Business

Marketing an Airline Support Service

What Does a Business Broker Charge?


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