December 1, 2020  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Resources for Entrepreneurs

 

How to Sell to a Business

 

Selling a Floor Treatment and Compounds Business

Many business leaders say that now isn't the time to try to sell a floor treatment and compounds business. At Gaebler, we think it's a great time to sell a floor treatment and compounds business. Here's why . . ..

Selling a floor treatment and compounds business? You'll need to be prepared to address a variety of challenges that are common in the business-for-sale marketplace.
(article continues below)

Nothing lasts forever and you will ultimately be faced with the task of selling your company. When that happens, your future plans will be dependent on your ability to receive the highest possible sale price for your floor treatment and compounds business.

Handling Unexpected Outcomes

Every business seller dreams of a fast sale and a fat payday. However, no one told the marketplace about your expectations. The outcome of your sale will be determined by market forces - not by your personal circumstances or desires. Despite your best efforts, you need to prepare yourself for the possibility of receiving less than you expected from the sale of your floor treatment and compounds business. In the event that the sale fails to meet your expectations, you may want to consider taking the business off the market until you can grow it enough to achieve your desired sale price.

Average Timeframes

Hoping for a quick floor treatment and compounds business sale? You may be disappointed. Although asking price and other factors contribute to sale time, it's difficult to predict how long your business will be on the market before you locate the right buyer. On average, it takes a minimum of six months to prepare a floor treatment and compounds business for sale and many sellers spend a year or more positioning their business to command a higher price. Even though it's conceivable that an attractive opportunity could sell in weeks, an immediate flood of offers could indicate that the business is underpriced.

Selling to a Family Member

The idea of passing a business along to a family member sounds idyllic to many business owners. in reality, a family-based floor treatment and compounds business sale can be more complicated than selling to a stranger. Often, a sale to a family member creates fractures within the family. Whether you offer the family member special concessions or not, either the buyer or other family members may take offense. If possible, discuss a long-term, generational transition with the entire family and seek the advice of a professional consultant.

More Info on Business Transitions and Related Articles

Given your interest in exit planning and in floor treatment and compounds businesses, you might find these additional resources to be of interest.

What Does a Business Broker Charge?

Marketing a Floor Treatment and Compounds Business

Role of Location In Selling a Business


Conversation Board

Did we forget to mention something about how to sell a floor treatment and compounds business? If so, tell us what's on your mind and let's keep the conversation going.


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 Floor Treatment & Compounds Business?

If starting a floor treatment and compounds business is on your agenda, these helpul resources may be just what you've been looking for:

How to Start a Floor Treatment & Compounds Business

Do You Market Products or Services to Floor Treatment & Compounds Businesses?

If you want information on how to sell to floor treatment and compounds businesses, there's more applicable information for you elsewhere on our site. These helpful guides are more appropriate for you:

Selling to Floor Treatment and Compounds Businesses

Mailing Lists for Floor Treatment and Compounds Businesses

More Business-for-Sale Advice and Information

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