May 26, 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 Glass Gifts Business

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

Personal and professional concerns surround the sale of a glass gifts business. In our experience, a common owner concern is how the sale will affect customers and employees.
(article continues below)

Despite the conventional wisdom, we believe current economic conditions are right for selling a glass gifts business. We'll tell you what you need to know to achieve a successful sale outcome

Professional Appraisals

An experienced appraiser is part and parcel of a successful glass gifts business sale. Leading industry appraisers equip sellers with a value gauge that can be accessed during negotiations. If you're disappointed with the appraiser's estimate of your company's worth, you have the option of seeking a second opinion. However, it's more often the case that you will need to adjust your expectations of your business's value to buyers.

Identifying Serious Buyers

If you haven't sold a business before, prepare to be overwhelmed by tire kickers -- seemingly interested buyers who lack the capacity, ability or desire to actually purchase your glass gifts business. Even though tire kickers are a fact of life in any sale scenario, they sap valuable time and energy that could be spent identifying more serious prospects. If you aren't sure what to look for in a serious buyer, ask your broker for advice. Never provide detailed information about your glass gifts business until the prospect has been qualified as a serious buyer.

What to Expect in a Glass Gifts Business Sale

It's impossible to predict the emotional highs and lows you will experience during the sale of your glass gifts business. Given your personal investment, you may also experience disappointment in the market's assessment of your company's value. Although it isn't easy, you can mitigate the emotional impact of a glass gifts business sale by setting realistic expectations before you list your business.

More Exit Planning Articles

Given your interest in exit planning and in glass gifts businesses, you might find these additional resources to be of interest.

Marketing a Glass Gifts Business

Entrepreneurial Exit Strategies

Terms of Investment Banking Agreement

Pre-Exit Employee Incentive Programs


Conversation Board

It's tough to cover everything there is to know about how to sell a glass gifts business in a single article. If you have any additional comments or questions, please let us know.


Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

Need Information on Starting a Glass Gifts Business?

If starting a glass gifts business is on your agenda, these guides will help you get started:

Starting a Glass Gifts Business

Looking for Glass Gifts Business Customers?

If you consider glass gifts businesses to be sales prospects, this isn't the best resource for you on our site. These helpful guides are more appropriate for you:

Selling to Glass Gifts Businesses

Mailing Lists for Glass Gifts Businesses

More Information on How to Sell a Niche Company

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