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Selling a Liquefied Petroleum Gas Wholesale and Manufacturers Business

Many business leaders say that now isn't the time to try to sell a liquefied petroleum gas wholesale and manufacturers business. At Gaebler, we think it's a great time to sell a liquefied petroleum gas wholesale and manufacturers business. Here's why . . ..

Dire economic forecasts have forced many liquefied petroleum gas wholesale and manufacturers business sellers into hibernation. Instead of listing their companies now, they're hanging back until they see signs of an economic recovery.

Success is a factor of preparation, execution and a keen eye for the market. As a business seller, you need to go into the process with the mental goal of presenting your business in the best possible light.

How to Skillfully Address Buyer Concerns

Buyers can present challenges, especially during the due diligence stage. The questions liquefied petroleum gas wholesale and manufacturers 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.

Advertising Your Sale

Successful liquefied petroleum gas wholesale and manufacturers business sales incorporate comprehensive advertising plans. However, confidentiality and other concerns can present challenges, even for sales professionals. If sale information leaks out, competitors can use it to steal customers and circulate negative messages about your business throughout the industry. The best way to advertise a liquefied petroleum gas wholesale and manufacturers business is to enlist the assistance of a business broker who is skilled in locating and contacting prospective buyers.

Working with Appraisers

An experienced appraiser is part and parcel of a successful liquefied petroleum gas wholesale and manufacturers business sale. By hiring an appraiser to conduct a thorough appraisal of tangible and non-tangible assets prior to listing, you get a measure of the true worth of your business. Although the appraised value of your business may not be the same as the sales price, you gain valuable insight that can be used to your advantage during negotiations. Even though you may disagree with the appraiser's value estimates, it's important to give your appraiser the information and independence he needs to present an objective opinion. To ensure accuracy, ask your broker to provide references for appraisers with industry experience.

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