May 29, 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 Business

 

Selling a Gospel Church

A good business is about more than dollars and sense. To make your Gospel church what it is today, you've had to fully invest yourself in its success. But the hard work isn't done yet. Before you can make a graceful exit, you will have to invest yourself in your business sale.

In any economy, there is a right way and a wrong way to sell a business.
(article continues below)

You'll always have an excuse for not putting your business on the market. Selling a Gospel church isn't easy, but we believe sellers can achieve their goals in any economic environment.

Sale Preparations for Your Gospel Church

The outcome of a business sale is largely determined prior to a market listing. Profitable Gospel church sales begin with a comprehensive strategy that incorporates planning, preparation and market positioning. Branding, market positioning, and revenue growth take time, but they directly influence the price your Gospel church will command in the marketplace. 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.

Family Business Sale Tips

The idea of passing a business along to a family member sounds idyllic to many business owners. in reality, a family-based Gospel church 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.

How to Work with Business Brokers

Brokerage is a mainstay of the business-for-sale marketplace. Brokerage is particularly common in the Gospel church-for-sale market, where aggressive selling strategies are the norm. But a good broker doesn't relieve your responsibility for contributing to the sale process. Like it or not, you are going to be an integral player in the sale of your Gospel church. Successfully brokered sales are based on solid relationships between brokers and sellers as well as the strict execution of a common selling strategy.

More Info on Business Transitions and Related Articles

We think you may find these additional resources to be of interest.

Marketing a Gospel Church

Why Hire an Exit Planning Consultant

Renewing Leases Prior to Selling a Business

Role of Location In Selling a Business


Conversation Board

The learning process for selling a Gospel church is an ongoing journey. Send us your comments and questions, and let's continue the conversation!


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 Gospel Church?

If you plan on opening a Gospel church, these helpul resources may be just what you've been looking for:

How to Start a Gospel Church

Looking for Gospel Church Customers?

If you consider Gospel churches 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 Gospel Churches

Mailing Lists for Gospel Churches

More Business Transfer Information

If you are looking for exit plan advice for a different kind of business, try 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