November 17, 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 Sculptors Business

There is a lot of confusion about the best way to sell an architectural sculptors business even if the seller has previous business sales experience. More than ever before, it's important for sellers to know the tactics and techniques that are being used to maximize sales price and achieve desired sale outcomes.

When it comes to selling an architectural sculptors business, there are no shortcuts to success.
(article continues below)

The economy hasn't squashed the market for architectural sculptors businesses. Like always, unprofitable and poorly positioned businesses struggle to find buyers while sellers who have invested time and effort to prepare their sale are being rewarded in the marketplace.

Broker vs. No Broker

Anyone who has ever sold an architectural sculptors business has eventually needed to decide whether to use a business broker or go it alone. Is there a cost associated with hiring a broker? Sure - about 10% of the final sale prices. But a good broker will make selling your architectural sculptors business much less painful. You can also expect to receive a higher sales price for your business in a broker-assisted deal.

Finding Prospects

Many sellers don't realize how many prospective buyers there are for their businesses. Although some architectural sculptors business sellers advertise their businesses in general classifieds, the most successful sales are those in which professional brokers seek out likely buyers. Competitors may seem like natural prospects and they are. The downside is that they won't pay top dollar and will probably absorb your company into their own.

Closing Strategies

Like it or not, prospective buyers are going to ask you to make certain concessions in the sale of your architectural sculptors business. Concessions can consist of non-cash as well as cash incentives. When you've reached your limit on price, consider offering non-cash concessions to encourage a commitment from the buyer. In the current economy, seller financing is becoming common in architectural sculptors business sales. If the prospect is inexperienced or lacks credentials in the industry, you can also offer to stay with the business for a specified period of time to help the new owner get on his feet and introduce him to your network of industry contacts.

More Exit Planning Articles

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

How to Sell a Business

Marketing an Architectural Sculptors Business

Selling Part of a Business


Conversation Board

Selling an architectural sculptors business is a complex topic, so there's still much more that can be discussed. We welcome your questions, comments and feedback about this topic.


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 Sculptors Business?

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

Starting an Architectural Sculptors Business

Do You Market Products or Services to Architectural Sculptors Businesses?

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

Selling to Architectural Sculptors Businesses

Mailing Lists for Architectural Sculptors Businesses

More Guides on Selling a Business

If you are eager to get business succession tips for a different industry, 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