May 29, 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 Business

 

Selling a Bridges Contractors Business

Planning and execution can dramatically influence the price you receive for your bridges contractors business.

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

Nothing lasts forever and you will ultimately be faced with the task of selling your company. And when that day arrives, you need to know how to sell your bridges contractors business in a way that achieves positive outcomes for you and the business.

Legal Considerations

It pays to invest in first-rate legal counsel when you sell a bridges contractors 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. We recommend hiring an attorney early in the process to gain insights about the legal consequences of various sale outcomes.

Preparing Your Bridges Contractors Business for Sale

The outcome of a business sale is largely determined prior to a market listing. Profitable bridges contractors business sales begin with a comprehensive strategy that incorporates planning, preparation and market positioning. Branding, market positioning, and revenue growth take time, but they directly influence the price your bridges contractors business will command in the marketplace. But your efforts to improve your company's position and profitability will only be effective if you invest similar effort into the preparation of accurate financial statements for buyers.

Selling to a Family Member

The idea of passing a business along to a family member sounds idyllic to many business owners. in reality, a family-based bridges contractors business sale can be more complicated than selling to a stranger. Often, a sale to a family member creates fractures within the family. Whether you offer the family member special concessions or not, either the buyer or other family members may take offense. If possible, discuss a long-term, generational transition with the entire family and seek the advice of a professional consultant.

More Info on Business Transitions and Related Articles

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

Marketing a Bridges Contractors Business

Renewing Leases Prior to Selling a Business


Conversation Board

Looking for more information about how to sell a bridges contractors business? Then we want to hear from you! Send us your comments and questions, and we'll do our best to help 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 Bridges Contractors Business?

If you plan on opening a bridges contractors business, these guides will help you get started:

Opening a Bridges Contractors Business

Do You Market Products or Services to Bridges Contractors Businesses?

If you consider bridges contractors 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 Bridges Contractors Businesses

Mailing Lists for Bridges Contractors Businesses

More Business Transfer Information

If you are looking for exit plan advice for a different kind of business, please browse our list 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