December 3, 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 Domestic Violence Counseling Business

The business-for-sale marketplace has experienced no shortage of uncertainty over the past several years. But domestic violence counseling businesses continue to sell at a brisk pace, regardless of the economy.

Are most buyers timid about buying a domestic violence counseling business in today's economic environment? You bet.
(article continues below)

Despite the conventional wisdom, we believe current economic conditions are right for selling a domestic violence counseling business. With the right information and strategy, you could be well on your way to a successful sale

Sale Costs

In a domestic violence counseling business sale, pricing is based on a number of factors, including the costs incurred during the sale. Hiring a broker is a mixed bag because although brokers can increase the sale price, they also take a 10% fee. Professional consultations can also represent a significant expense during the course of a domestic violence counseling business sale. Furthermore, your time has value, so you may need to include a personal compensation consideration in your expense estimates.

Selling a Domestic Violence Counseling Business to an Employee

Employee sales have pros and cons. A faithful employee may have the motivation and ability to continue to operate the business. If you need to sell quickly, the timeframe is condensed in an employee sale because you don't need to track down a buyer. Yet most employees lack the means to buy their employer's business at or near the asking price. A seller-financed deal may be necessary unless the employee has significant assets or investor backing.

Preparing Your Domestic Violence Counseling Business for Sale

The outcome of a business sale is largely determined prior to a market listing. Attractive domestic violence counseling business sales begin with a comprehensive strategy that incorporates planning, preparation and market positioning. Even though it may take years to adequately position your domestic violence counseling business, the amount of preparation you perform will have direct correlation on asking and sale prices. 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.

More Info on Business Transitions and Related Articles

Given your interest in exit planning and in domestic violence counseling businesses, you might find these additional resources to be of interest.

Family Business Exit Plans

Marketing a Domestic Violence Counseling Business

How to Sell a Business


Conversation Board

What challenges have you experienced in selling a domestic violence counseling business or are you just getting started? If you have questions or advice to share, we'd love to hear from 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 Domestic Violence Counseling Business?

If starting a domestic violence counseling business is on your agenda, these helpul resources may be just what you've been looking for:

Opening a Domestic Violence Counseling Business

Do You Market Products or Services to Domestic Violence Counseling Businesses?

If you consider domestic violence counseling businesses to be sales prospects, this isn't the best resource for you on our site. Try these useful resources instead:

Selling to Domestic Violence Counseling Businesses

Mailing Lists for Domestic Violence Counseling Businesses

More Business-for-Sale Advice and Information

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