September 20, 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 Chain Saw Sales and Service Business

No one said selling your business in a depressed economy would be easy. But selling your chain saw sales and service business doesn't have to be as daunting as it sounds.

Business sellers are notorious for second-guessing themselves about the right time to put their companies up for sale.
(article continues below)

Does that mean selling your chain saw sales and service business will be a piece of cake? No -- but you might be surprised to learn that the chain saw sales and service businesses that are selling these days are finding success though simple, common sense selling strategies.

Preparing for What's Next

What will happen if your chain saw sales and service business is a success? 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.

Leveraging Industry Connections

There are a lot of different places to look for chain saw sales and service business buyers. To advertise your sale to the widest possible audience, consider a listing on BizBuySell.com or other top online business-for-sale listing sites. For more targeted lead generation, consider tapping into your network of industry contacts. The downside of industry networks is that it leaves your company vulnerable to exploitation by competitors. Use good sense in restricting the flow of information within the industry and focusing your efforts toward trusted industry allies.

Negotiating Your Sale

As a business seller, you have to be at the top of your negotiating game. More often than not, the person with the most knowledge will come out on top in a chain saw sales and service business negotiation. But before you can negotiate effectively, you need to have a clear sense of your minimum sale requirements. If you lack clarity about your goals, you're guaranteed to fall short of achieving of them. Consult with a broker, advisor, or negotiation team to clarify your expectations and devise a negotiation strategy.

More Exit Planning Articles

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

Marketing a Chain Saw Sales and Service Business

Renewing Leases Prior to Selling a Business


Conversation Board

The learning process for selling a chain saw sales and service business is an ongoing journey. Send us your comments and questions, and let's continue the conversation!


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 Chain Saw Sales & Service Business?

If you plan on opening a chain saw sales and service business, these helpul resources may be just what you've been looking for:

Opening a Chain Saw Sales & Service Business

Looking for Chain Saw Sales & Service Business Customers?

If you consider chain saw sales and service businesses to be sales prospects, there's more applicable information for you elsewhere on our site. Try these useful resources instead:

Selling to Chain Saw Sales and Service Businesses

Mailing Lists for Chain Saw Sales and Service Businesses

More Guides on Selling a Business

If you are eager to get business succession tips for a different industry, 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