November 30, 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 Brakes and Brake Linings Wholesale and Manufacturers Business

Despite the pessimistic mood of many sellers, your brakes and brake linings wholesale and manufacturers business can be a high value acquisition target for ambitious entrepreneurs -- even in today's tough economy.

Dire economic forecasts have forced many brakes and brake linings wholesale and manufacturers business sellers into hibernation. Instead of listing their companies now, they're hanging back until they see signs of an economic recovery.
(article continues below)

Most brakes and brake linings wholesale and manufacturers businesses are good business opportunities, a fact that is not going unnoticed by today's discerning buyers.

Leveraging Industry Connections

Today's brakes and brake linings wholesale and manufacturers business buyers can be found in a variety of locations. Online business-for-sale databases like BizBuySell.com offer convenient resources for sellers interested in promoting their business to a broad prospect base. For more targeted lead generation, consider tapping into your network of industry contacts. Time and time again, successful brakes and brake linings wholesale and manufacturers business sales emerge from relationships within the industry. The challenge is to leverage industry connections while keeping knowledge of the sale hidden from your competitors. Your broker may be able to offer strategies for promoting your sale within your network while maintaining some remnant of a confidential sale.

The Emotions of a Business Sale

Business sellers sometimes struggle to handle the emotions of a sale. You probably have good reasons for selling your brakes and brake linings wholesale and manufacturers business now, but that doesn't make the emotions you will experience any easier. It's important to allow yourself time to process your emotions during your exit. At the same time, it's helpful to consult with people who can help limit the influence of your emotions on negotiations and other aspects of the sale process.

Buyer Concessions

Sellers aren't the only ones who can make concessions in a business sale. In many instances, sellers can request buyer concessions. For example, if the buyer needs seller financing, you can leverage a five-year loan to push for a higher sales price. Although you won't see all of the proceeds upfront, you'll earn interest on the balance and realize a higher price than you would in an all cash deal. You can also choose to exclude certain items like equipment or inventory from the deal if the buyer isn't willing to meet your price expectations. By selling excluded assets on the secondary market, you can compensate for an anemic sale price.

More Exit Planning Articles

Given your interest in exit planning and in brakes and brake linings wholesale and manufacturers businesses, you might find these additional resources to be of interest.

Marketing a Brakes and Brake Linings Wholesale and Manufacturers Business

How Much Is My Business Worth?


Conversation Board

What challenges have you experienced in selling a brakes and brake linings wholesale and manufacturers business or are you just getting started? If you have questions or advice to share, we'd love to hear from you!


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 a Brakes & Brake Linings Wholesale & Manufacturers Business?

If starting a brakes and brake linings wholesale and manufacturers business is on your agenda, these helpul resources may be just what you've been looking for:

How to Start a Brakes & Brake Linings Wholesale & Manufacturers Business

Do You Market Products or Services to Brakes & Brake Linings Wholesale & Manufacturers Businesses?

If you want information on how to sell to brakes and brake linings wholesale and manufacturers businesses, this isn't the best resource for you on our site. These helpful guides are more appropriate for you:

Selling to Brakes and Brake Linings Wholesale and Manufacturers Businesses

Mailing Lists for Brakes and Brake Linings Wholesale and Manufacturers Businesses

More Business Sale Guides

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