September 23, 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 Humidifiers Business

The decision to sell your humidifiers business isn't something that should be taken lightly, especially these days. If a business exit is on the horizon, you'll want to check out our suggestions for staying ahead of the market.

Dire economic forecasts have forced many humidifiers business sellers into hibernation. Instead of listing their companies now, they're hanging back until they see signs of an economic recovery.
(article continues below)

However, serious buyers also understand the value of a good humidifiers business. So for humidifiers business sellers, today's market is all about convincing buyers that the numbers make their companies worth the asking price.

How to Identify Prospective Buyers

Whether you know it or not, prospective buyers for your humidifiers business are all around you. In fact, there is a good chance you already know several individuals or companies that might be interested in buying your business for a decent price. Although some humidifiers business sellers advertise their businesses in general classifieds, the most successful sales are those in which professional brokers seek out likely buyers. Competitors may seem like natural prospects and they are. The downside is that they won't pay top dollar and will probably absorb your company into their own.

Dealing with Buyers

Buyers can present challenges, especially during the due diligence stage. The questions humidifiers business ask during due diligence are designed to alleviate their concerns about the business and should be promptly addressed by the seller. Avoid answering buyer concerns with vague generalities. Instead, be as specific as possible, even if it means doing additional research before offering a response. If due diligence drags on too long, your broker may need to intervene.

Advantages of Hiring a Broker

A good broker can offer several benefits to business sellers. First, business brokers are in tune with the realities of the market and are skilled at helping owners make their businesses attractive to premium buyers. Second, a good business broker is a master at confidentiality locating humidifiers business sale prospects and guiding sellers through negotiations. Typical brokerage rates (a.k.a. success fees) run 10% of the final price - an expense that is usually recouped through a higher sales price and less time on the market.

More Info on Business Transitions and Related Articles

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

Marketing a Humidifiers Business

What Does a Business Broker Charge?


Conversation Board

Did you find our tips on how to sell a humidifiers business helpful? Is there anything we missed? Still have questions? If so, we would love to hear your questions, comments and insights.


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 Humidifiers Business?

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

Starting a Humidifiers Business

Do You Market Products or Services to Humidifiers Businesses?

If you consider humidifiers 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 Humidifiers Businesses

Mailing Lists for Humidifiers Businesses

More Business Transfer Information

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