November 30, 2020  
 
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Selling a Company

 

Selling a Candlesticks and Candle Holders Business

When it's time to sell your candlesticks and candle holders retailer, your future plans depend on your ability to get the highest possible sales price. Here's how to do it . . .

If you listen to many entrepreneurs, there never seems to be a good time to put a small business on the market.
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You'll always have an excuse for not putting your business on the market. Selling a candlesticks and candle holders retailer isn't easy, but we believe sellers can achieve their goals in any economic environment.

Tips for Working with A Business Broker

Brokerage is a mainstay of the business-for-sale marketplace. It's typical for candlesticks and candle holders retailer to rely on brokers to reduce market time and increase the final sales price. Brokerage doesn't replace the seller's requirement to be involved in the sale; it augments the seller's efforts and creates a more seamless sale process. Establish clear lines of communication with your broker and respond quickly to requests from prospective buyers. You should also assist your broker in listing your candlesticks and candle holders retailer on BizBuySell.com and other online business-for-sale sites.

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 candlesticks and candle holders retailer sale can be more complicated than selling to a stranger. If it isn't handled properly, a family sale can quickly create irreparable divisions within your family. If you refuse to discount the sales price or offer other concessions, it could create a rift with the buyer. But if you give in to the buyer's demands, you risk alienating family members who may feel the buyer is receiving an early inheritance. Although it may seem odd, a sale to a family member can take longer than a sale to a stranger because it may take time to work through family issues prior to closing.

Advertising Your Sale

The best candlesticks and candle holders retailer sales incorporate comprehensive advertising plans. However, confidentiality and other concerns can present challenges, even for sales professionals. A highly publicized sale creates vulnerabilities that can be exploited by your competitors. Business brokers are skilled at publicizing candlesticks and candle holders retailer sales while maintaining the confidentiality that is critical to your business.

More Exit Planning Articles

Given your interest in exit planning and in candlesticks and candle holders retailers, you might find these additional resources to be of interest.

Marketing a Candlesticks and Candle Holders Business

Five Tips for Maximizing Your Business Sale Price

Family Business Exit Plans

Role of Location In Selling a Business


Conversation Board

Still have questions about selling a candlesticks and candle holders retailer? Ask away and we'll do our best to get you a timely reply. We also welcome any tips or advice you'd care to share with others.


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