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Selling a Church of Divine Man
There's a right way and a wrong way to sell a Church Of Divine Man church these days. We'll tell you how to keep your sale and your future plans on track.
Are most buyers timid about buying a Church Of Divine Man church in today's economic environment? You bet.
Yet what many sellers don't appreciate is that a down economy can present the perfect opportunity to sell a Church Of Divine Man church.
Business Assets
It's incumbent on buyers to commission their own appraisal of your Church Of Divine Man church's physical assets. Most sellers, however, conduct a pre-sale appraisal to gain an accurate gauge of asset value prior to negotiations. A professional appraisal is a necessity because it gives you the information you need to negotiate a sale price. When you conduct your appraisal of your assets, note their condition and include it in the information packet you prepare for prospective buyers.
Tapping Into Business Networks
Today's Church Of Divine Man church buyers can be found in a variety of locations. To advertise your sale to the widest possible audience, consider a listing on BizBuySell.com or other top online business-for-sale listing sites. But industry connections can also be a valuable source of leads. The downside of industry networks is that it leaves your company vulnerable to exploitation by competitors. Your broker may be able to offer strategies for promoting your sale within your network while maintaining some remnant of a confidential sale.
Timing the Market
Timing is everything when it comes to selling a Church Of Divine Man church. A depressed economy means lower interest rates; lower interest rates increase the number of investors willing to take a chance on Churches of Divine Man churches. As the interest rates rise, it will be more difficult for buyers to make the numbers work in their favor. So we see market timing as a concern that can be easily mitigated by applying fundamental sales strategies and adequately preparing your company for buyers.
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