November 20, 2019  
 
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Selling a Business

 

Selling an Antique Doll Dealership

No one said selling your business in a depressed economy would be easy. Fortunately, a antique doll dealership sale isn't as scary as it seems.

An assortment of hurdles and obstacles stand between you and the successful sale of your antique doll dealership.
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Most antique doll dealerships are good business opportunities, a fact that is not going unnoticed by today's discerning buyers.

The Case for Confidentiality

In the business-for-sale universe, publicity translates into risk. A low-key selling strategy is a low risk activity because you can control who does (and doesn't) know that your business is on the market. Eventually, word will leak out. When that happens, it can damage your standing with customers and vendors. Maintaining confidentiality isn't easy, but without it you won't get top dollar for your business. In a worse case scenario, a profitable antique doll dealership can be reduced to one that is struggling to survive. Brokers and consultants can mitigate the risk by implementing confidential sale techniques.

Benefits of Third-Party Assistance

Rarely, if ever, do owners sell an antique doll dealership without outside assistance. Although it's wise to recruit a business broker, brokerage isn't your only concern. Additionally, you may want to hire professionals for legal, valuation and other functions before you put your business on the market. The benefit of soliciting outside assistance early is that seemingly small decisions now can have big consequences later. By consulting professionals throughout the sale of your antique doll dealership, you can avoid painful tax and legal complications both before and after closing.

Pre-Sale Checklist

There is a lot of work that needs to be done before you're ready to sell your antique doll dealership. Perhaps the most important pre-sale consideration is to right-size your expectations to the realities of the market. Once your expectations are in the ballpark, you can move on to making your business presentable to prospective buyers.

More Exit Planning Articles

Given your interest in exit planning and in antique doll dealerships, you might find these additional resources to be of interest.

Marketing an Antique Doll Dealership

How to Sell a Business

Terms of Investment Banking Agreement

Entrepreneurial Exit Strategies


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