November 20, 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 Architectural Photographers Business

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

It takes dedication to sell an architectural photographers business under the best of circumstances. In the current market, you'll need to redouble your efforts and get serious about convincing prospects that your company is a good investment.
(article continues below)

At Gaebler, we think that's a mistake because with adequate preparation and the right sale strategy, this might be the best time to put your architectural photographers business on the market.

Preparing for What's Next

The decision to sell your architectural photographers business can't be made without adequate consideration of what will happen after the sale. If you aren't sure what's next, you could be in trouble because future plans and selling strategy are inextricably connected. We frequently encounter business sellers who haven't thought enough about their futures to know whether certain concessions (e.g seller financing) are a real possibility. As a result, they make bad decisions during the sale and experience less-than-optimal outcomes.

Maximizing Sales Price

There are no simple ways to sell an architectural photographers business. If you don't know what you're doing, your business could languish on the market for months or even years. Fortunately, a business broker can minimize the impact on your bank account and personal well-being. If you try to sell your business without a broker, your time will be consumed by the details of the sale. Subsequently, you'll be distracted from the demands of your auto supply store, business will suffer, and the sale price you receive for your company will be dramatically reduced. Time after time, sellers who hire qualified brokers are more satisfied with the sales process - and the price they receive for their architectural photographers businesses.

Negotiation 101

As a business seller, you have to be at the top of your negotiating game. In an architectural photographers business sale, knowledge is power -- the more you know about your business and prospective buyers, the easier it is to sway negotiations in your favor. But great negotiation begins with knowing yourself. What is the realistic price range for your architectural photographers business? What is the minimum amount you're willing to settle on? Are you willing to offer seller financing or other concessions to close the deal? If you can't answer these questions, you're simply not ready to sit down at the negotiation table yet. If you aren't sure what you need, put negotiations on hold until you gain a clearer understanding of your own deal parameters.

More Exit Planning Articles

Given your interest in exit planning and in architectural photographers businesses, you might find these additional resources to be of interest.

Role of Location In Selling a Business

Marketing an Architectural Photographers Business

How To Choose An Investment Banker


Conversation Board

Did you find our tips on how to sell an architectural photographers business helpful? Is there anything we missed? Still have questions? If so, we would love to hear your questions, comments and insights.


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

Hoping to Open an Architectural Photographers Business?

If starting an architectural photographers business is on your agenda, these helpul resources may be just what you've been looking for:

How to Start an Architectural Photographers Business

Looking for Architectural Photographers Business Customers?

If you want information on how to sell to architectural photographers businesses, this isn't the best resource for you on our site. Try these useful resources instead:

Selling to Architectural Photographers Businesses

Mailing Lists for Architectural Photographers Businesses

More Exit Planning Information

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