November 14, 2019  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Resources for Entrepreneurs

 

How to Sell to a Business

 

Selling an Auto Leasing Business

Looking for shortcuts? You won't find them when you sell an auto leasing business. In this industry, a business sale takes time, effort and dedication. But with a few tips, you can keep your shirt and your sanity in the sale of your business.

Despite your best intentions, great business sales don't happen overnight.
(article continues below)

Despite the conventional wisdom, we believe current economic conditions are right for selling an auto leasing business. With the right information and strategy, you could be well on your way to a successful sale

Setting the Stage

Effective auto leasing business preparation focuses on communicating value to prospective buyers. Professional business brokers understand buyers and know how to properly communicate an auto leasing business to the marketplace. Specifically, brokers can advise you about the preparation of financial statements and other documents buyers expect to see in a premium auto leasing business opportunity.

Negotiation 101

As a business seller, you have to be at the top of your negotiating game. More often than not, the person with the most knowledge will come out on top in an auto leasing business negotiation. But great negotiation begins with knowing yourself. What is the realistic price range for your auto leasing 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.

Broker vs. No Broker

When selling an auto leasing business, you have two choices: Hire a broker to facilitate the sale or perform the sale unassisted. 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 auto leasing business much less painful. 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 auto leasing business sale.

More Info on Business Transitions and Related Articles

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

How To Choose An Investment Banker

Marketing an Auto Leasing Business

Selling to Competitors


Conversation Board

It's tough to cover everything there is to know about how to sell an auto leasing business in a single article. If you have any additional comments or questions, please let us know.


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 Auto Leasing Business?

If starting an auto leasing business is on your agenda, these guides will help you get started:

How to Start an Auto Leasing Business

Do You Market Products or Services to Auto Leasing Businesses?

If you consider auto leasing businesses to be sales prospects, this isn't the best resource for you on our site. These helpful guides are more appropriate for you:

Selling to Auto Leasing Businesses

Mailing Lists for Auto Leasing Businesses

More Business Transfer 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