Business buyers are a timid lot, even more so now that they are facing an uncertain economic landscape.
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Fortunately for sellers, forward-thinking entrepreneurs continue to be attracted to flags and flagpoles wholesale and manufacturers businesses that exhibit strong financials and potential for future growth.
What to Expect in a Flags & Flagpoles Wholesale & Manufacturers Business Sale
Prepare yourself to feel a broad range of emotions when you sell a flags and flagpoles wholesale and manufacturers business. From hopefulness to remorse, it's all part of exiting of your company. Given your personal investment, you may also experience disappointment in the market's assessment of your company's value. Accurate expectations, a solid strategy and a strong support system can be valuable resources for coping with the personal impact of the sale.
Turning the Tables: Buyer Concessions
Sellers aren't the only ones who can make concessions in a business sale. In many instances, sellers can request buyer concessions. Often, buyer concessions represent financial incentives that the seller receives in exchange for providing a non-cash benefit (e.g. training, financing, etc.. Asset exclusions, retained ownership shares and long-term contracts with another of the seller's companies can also be leveraged to extract concessions from buyers.
In a flags and flagpoles wholesale and manufacturers business sale, pricing is based on a number of factors, including the costs incurred during the sale. Good brokerage takes a 10% success fee off the top of the final sale price. Depending on your circumstances, you may also incur substantial expenses in hiring legal, appraisal and accounting professionals. Furthermore, your time has value, so you may need to include a personal compensation consideration in your expense estimates.
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