November 21, 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 Company

 

Selling an Aquatic Plants Business

You've learned a lot during your tenure as an aquatic plants business owner. The next step is to position your business for the demands of the business-for-sale marketplace.

Personal and professional concerns surround the sale of an aquatic plants business. In our experience, a common owner concern is how the sale will affect customers and employees.
(article continues below)

Too often aquatic plants business owners cave under the pressure and settle for a lower sales price than they should. With the right strategy, your sale doesn't have to end that way.

Pros & Cons of a Sale to an Employee

Employee sales have pros and cons. A faithful employee may have the motivation and ability to continue to operate the business. If you need to sell quickly, the timeframe is condensed in an employee sale because you don't need to track down a buyer. Yet most employees lack the means to buy their employer's business at or near the asking price. Seller financing is one way to get around the capital deficit of an employee-based aquatic plants business sale, as long as you are willing to vet the employee's credit worthiness the same as any other buyer.

Pre-Sale Checklist

The upfront time you investment in the sale of your aquatic plants business will pay big dividends at closing. 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.

Working with Appraisers

There is no substitute for a qualified appraisal in the sale of your aquatic plants business. Leading industry appraisers equip sellers with a value gauge that can be accessed during negotiations. If you're disappointed with the appraiser's estimate of your company's worth, you have the option of seeking a second opinion. However, it's more often the case that you will need to adjust your expectations of your business's value to buyers.

More Exit Planning Articles

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

Terms of Investment Banking Agreement

Marketing an Aquatic Plants Business

Selling to Competitors


Conversation Board

Interested in learning more about how to sell an aquatic plants business? We invite you to send us your questions and feedback!


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 Aquatic Plants Business?

If you plan on opening an aquatic plants business, these guides will help you get started:

Starting an Aquatic Plants Business

Do You Market Products or Services to Aquatic Plants Businesses?

If you want information on how to sell to aquatic plants businesses, there's more applicable information for you elsewhere on our site. Try these useful resources instead:

Selling to Aquatic Plants Businesses

Mailing Lists for Aquatic Plants Businesses

More Business Transfer Information

If you are looking for exit plan advice for a different kind of business, try our list 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