January 24, 2021  
 
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 Bonded Warehouses Business

Your bonded warehouses business has been good to you. Before you walk away, you have one more challenge to overcome: A successful and profitable business sale.

An assortment of hurdles and obstacles stand between you and the successful sale of your bonded warehouses business.
(article continues below)

Growth-minded entrepreneurs also find an appealing bonded warehouses business hard to pass up. So for bonded warehouses business sellers, today's market is all about convincing buyers that the numbers make their companies worth the asking price.

The Case for Confidentiality

Highly publicized bonded warehouses business sales are risky bonded warehouses 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. Successful sales walk a fine line between total confidentiality and aggressive promotion. Brokers and consultants can mitigate the risk by implementing confidential sale techniques.

Preparing for What's Next

The decision to sell your bonded warehouses business can't be made without adequate consideration of what will happen after the sale. If you aren't sure what's next, you could be in trouble because future plans and selling strategy are inextricably connected. 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.

Maximizing Sales Price

If you haven't sold a business before, may be surprised by the time investment that is required to sell a bonded warehouses business. A business broker handles much of the legwork involved in the sale. If you try to sell your business without a broker, your time will be consumed by the details of the sale. Subsequently, you'll be distracted from the demands of your auto supply store, business will suffer, and the sale price you receive for your company will be dramatically reduced. For a lot reasons, a decision to hire a broker is almost always the right decision, especially for sellers who need to receive top dollar for their bonded warehouses businesses.

More Exit Planning Articles

Ready to learn more? You may find these additional resources to be of interest.

Marketing a Bonded Warehouses Business

Terms of Investment Banking Agreement

What Does a Business Broker Charge?

How to Sell a Business


Conversation Board

We always appreciate feedback from our readers. If you have any comments, suggestions, or questions about how to sell a bonded warehouses 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

Need Information on Starting a Bonded Warehouses Business?

If starting a bonded warehouses business is on your agenda, these guides will help you get started:

Starting a Bonded Warehouses Business

Do You Market Products or Services to Bonded Warehouses Businesses?

If you consider bonded warehouses 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 Bonded Warehouses Businesses

Mailing Lists for Bonded Warehouses Businesses

More Business Transfer Information

If you are eager to get business succession tips for a different industry, please browse our alphabetical list 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