November 18, 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 Audiovisual Production Services Business

The decision to sell your audiovisual production services business isn't something that should be taken lightly, especially these days. If a business exit is on the horizon, you'll want to check out our suggestions for staying ahead of the market.

You need to get a good price for your audiovisual production services business. To get there, you'll need to set realistic expectations and follow a deliberate selling strategy.
(article continues below)

But sooner or later, all good things must come to an end. When that happens, your future plans will be dependent on your ability to receive the highest possible sale price for your audiovisual production services business.

Buyer Concessions

Sellers aren't the only ones who can make concessions in a business sale. In many instances, sellers can request buyer concessions. Although this scenario frequently plays out around seller financed deals, it's possible to push for a higher sales price or other form of compensation if you agree to mentor the buyer for a specified period of time. Asset exclusions, retained ownership shares and long-term contracts with another of the seller's companies can also be leveraged to extract concessions from buyers.

Preparing for What's Next

So you've decided to sell your audiovisual production services business. That's great -- but have you considered what's next? Are you moving on to another business venture? Are you retiring? many sellers find themselves ill-equipped to handle life after their business and fail to understand that their future plans can influence the sale process. In today's market, many buyers expect seller financing - a concession that might not be a possibility for sellers whose next step requires the entire proceeds at the time of the sale.

Should I Hire a Business Broker?

The decision of whether or not to hire a business broker should never be taken lightly. Business brokers typically charge a 10% "success fee" when they sell a business, but they also handle many of the hassles that are associated with selling an audiovisual production services business. If you're on the fence, do your research before you make a final decision. BizBuySell.com and other websites offer detailed information about brokers and the process of performing a brokered audiovisual production services business sale.

More Exit Planning Articles

Given your interest in exit planning and in audiovisual production services businesses, you might find these additional resources to be of interest.

Marketing an Audiovisual Production Services Business

Why Most Businesses Do Not Have Exit Plans

What Does a Business Broker Charge?

Five Tips for Maximizing Your Business Sale Price


Conversation Board

We always appreciate feedback from our readers. If you have any comments, suggestions, or questions about how to sell an audiovisual production services business, we encourage you to get in touch with us today!


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 Audiovisual Production Services Business?

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

Opening an Audiovisual Production Services Business

Do You Market Products or Services to Audiovisual Production Services Businesses?

If you want information on how to sell to audiovisual production services businesses, this isn't the best resource for you on our site. These helpful guides are more appropriate for you:

Selling to Audiovisual Production Services Businesses

Mailing Lists for Audiovisual Production Services Businesses

More Business Sale Guides

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