November 18, 2019  
 
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Selling a Company

 

Selling an Apostolic Church

The sale of your Apostolic church is the culmination of this stage of your entrepreneurial journey. Although most business owners expect a storybook ending, it will take the careful application of sound selling principles to bring your sale to a successful conclusion.

Selling a Apostolic church? You'll need to be prepared to address a variety of challenges that are common in the business-for-sale marketplace.
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Yet everyday, hundreds of listed Apostolic churches manage to pique the interest of qualified buyers. They do it by paying attention to the details that other business sellers overlook.

Family Issues

Many sellers embarked on their Apostolic church sale without adequately considering the impact it will have on their families. Unfortunately, families often experience turmoil during a sale even when the primary owner is convinced it's the right decision. Unless everyone is prepared for it, the sale could have a devastating effect on your family. Subsequently, selling an Apostolic church often begins with a family conversation and a mutual decision to move on the next stage of life.

Negotiation Teams

Business sellers are sometimes surprised to find themselves in the position of negotiator-in-chief. When you sell your Apostolic church, your business brokers may or may not be willing to conduct negotiations for you. Negotiation is a chess game, best played with the resources and backend support of a negotiation team. By enlisting the assistance of a negotiation team (senior leaders, experienced negotiators, etc.), you can improve the quality of your negotiation strategy and position yourself to receive top dollar for your Apostolic church.

Maximizing Sales Price

A successful Apostolic church requires an investment of both time and money. Fortunately, a business broker can minimize the impact on your bank account and personal well-being. Solo sellers usually find that it's simply too much to sell their business and lead it at the same time. Subsequently, they settle for less than the business's potential sale price. So what's the lesson? In most cases, hiring a business broker is one of the best things you can do to maximize sales price.

More Info on Business Transitions and Related Articles

Given your interest in exit planning and in Apostolic churches, you might find these additional resources to be of interest.

Terms of Investment Banking Agreement

Marketing an Apostolic Church

Family Business Exit Plans


Conversation Board

What challenges have you experienced in selling an Apostolic church or are you just getting started? If you have questions or advice to share, we'd love to hear from you!


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