November 27, 2020  
 
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 a Baseball Equipment and Supplies Business

You've invested time, effort, and creativity into building your baseball equipment and supplies business. But the hard work isn't done yet. Before you can make a graceful exit, you will have to invest yourself in your business sale.

You're optimistic about the economy and so are we. Now the challenge is to convert business buyers who may have a more skeptical outlook.
(article continues below)

At Gaebler, we're seeing baseball equipment and supplies business sellers succeed by applying sound sales principles combined with a refusal to be intimidated by a down economy.

Legal Considerations

It's obvious that you're going to need to hire an attorney to finalize the sale of your baseball equipment and supplies business. Competent legal counsel ensures that the sale documents are in proper order. Furthermore, a good lawyers provides the counsel necessary to navigate the tax and liability issues that surround a business sale. It's helpful to introduce your attorney to your broker to facilitate a smooth sale and a productive working relationship.

The Case for Confidentiality

Highly publicized baseball equipment and supplies business sales are risky baseball equipment and supplies businesssales. A low-key selling strategy is a low risk activity because you can control who does (and doesn't) know that your business is on the market. Eventually, word will leak out. When that happens, it can damage your standing with customers and vendors. Maintaining confidentiality isn't easy, but without it you won't get top dollar for your business. In a worse case scenario, a profitable baseball equipment and supplies business can be reduced to one that is struggling to survive. Brokers and consultants can mitigate the risk by implementing confidential sale techniques.

Family Issues

Many sellers embarked on their baseball equipment and supplies business sale without adequately considering the impact it will have on their families. Whether you realize it or not, your baseball equipment and supplies business has been an important part of your family life. As a seller, you need to be sensitive to your family's feelings about the sale and make an effort to keep them informed about the process. Subsequently, selling a baseball equipment and supplies business has to include ample communication and shared decision-making.

More Exit Planning Articles

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

Marketing a Baseball Equipment and Supplies Business

Pros and Cons of Using Business Brokers

Role of Location In Selling a Business

Selling Part of a Business


Conversation Board

Selling a baseball equipment and supplies 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

Do You Plan on Starting a Baseball Equipment & Supplies Business Soon?

If starting a baseball equipment and supplies business is on your agenda, these guides will help you get started:

Starting a Baseball Equipment & Supplies Business

Looking for Baseball Equipment & Supplies Business Customers?

If you want information on how to sell to baseball equipment and supplies businesses, there's more applicable information for you elsewhere on our site. Try these useful resources instead:

Selling to Baseball Equipment and Supplies Businesses

Mailing Lists for Baseball Equipment and Supplies Businesses

More Guides on Selling a Business

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