November 15, 2019  
 
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Selling an Auto Locators Business

Market shifts affect business values and the auto locators business industry has seen more than its share of fluctuations in business values. Many sellers have exited their companies under less-than-ideal circumstances. Yet it's still possible to achieve personal and professional goals when selling an auto locators business during challenging economic times.

Dire economic forecasts have forced many auto locators business sellers into hibernation. Instead of listing their companies now, they're hanging back until they see signs of an economic recovery.
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If you're ready to move on, now is the right time to sell your auto locators business.

Business Valuation

Professional appraisers can use three methods to determine the value ofan auto locators business: The income method, the asset method and the market method. While the income method uses anticipated revenues as a value basis, the asset method focuses on the company's capital, real estate and intellectual assets. Finally, the market method determines the worth of your auto locators business based on the sales of similar businesses in your geographic area. A good appraiser will often use multiple valuation methods to arrive at a reasonable estimate. But regardless of the method that is used, it's always in the seller's best interest to increase revenue and asset values prior to a sale.

Handling Unexpected Outcomes

Every business seller dreams of a fast sale and a fat payday. Ultimately, many sellers find that the market is unable to deliver their anticipated outcomes. Sometimes, sellers need to readjust their expectations to accommodate market realties. If buyers don't seem to be willing to meet your expectations, consult with your broker to modify your strategy and market approach.

Economic Considerations

When you sell an auto locators business, there are a number of variables you need to consider. Interest rates, spending, inflation, and other variables directly influence how long your auto locators business will be on the market as well as its sales price. The truth is that perfect market conditions may never materialize. A much better approach is to focus on the factors that always attract buyers and investors. One thing is for sure - buyers are paying more attention to your company's profitability and growth potential than they are to the latest quarterly economic indicators.

More Exit Planning Articles

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

How Much Is My Business Worth?

Marketing an Auto Locators Business

Selling Part of a Business


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