Niche Exit Planning Strategies
Selling a Deck Cleaning and Treatment Business
Selling a deck cleaning and treatment business doesn't happen overnight. It takes a deliberate process to get top dollar for your company.
Selling a deck cleaning and treatment business? You'll need to be prepared to address a variety of challenges that are common in the business-for-sale marketplace.
If you're ready to move on, now is the right time to sell your deck cleaning and treatment business.
What to Expect in a Deck Cleaning & Treatment Business Sale
It's impossible to predict the emotional highs and lows you will experience during the sale of your deck cleaning and treatment business. The emotions of a sale are complicated by the fact that it may take time to locate the right buyer and the final sale price may be less than you think your deck cleaning and treatment business is worth. Accurate expectations, a solid strategy and a strong support system can be valuable resources for coping with the personal impact of the sale.
As your deck cleaning and treatment businesssale nears completion, there is a lot of work remaining to be done. There are several details that still need to be addressed. What will the ownership transition look like? Are you prepared to deal with the tax consequences of receiving a significant sum of money in exchange for your business? How will you prepare your employees for your inevitable exit from the business? Ideally, these and other post-sale details should be addressed early on. But if you haven't dealt with them yet, it's important to have a frank conversation with the buyer, your broker and other professionals as soon as possible.
Seller concessions sweeten the deal for buyers and are a necessary fixture in a sluggish economy. But don't limit your view of concessions to financial incentives. When you've reached your limit on price, consider offering non-cash concessions to encourage a commitment from the buyer. If you aren't familiar with typical deck cleaning and treatment business concessions, consult with a professional to learn how you can build incentives into your deal.
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