Business Exit Planning
Selling a Mezzanines Wholesale and Manufacturers Business
With the economy limping along, many mezzanines wholesale and manufacturers business owners are hesitant to put their businesses on the market. At Gaebler, we think it's a great time to sell a mezzanines wholesale and manufacturers business. Here's why . . ..
Dire economic forecasts have forced many mezzanines 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.
The economy hasn't squashed the market for mezzanines wholesale and manufacturers businesses. Like always, unprofitable and poorly positioned businesses struggle to find buyers while sellers who have invested time and effort to prepare their sale are being rewarded in the marketplace.
Why Confidentiality Matters
In the business-for-sale universe, publicity translates into risk. If you are rigorous about maintaining a confidential sale, there is little risk in putting your mezzanines wholesale and manufacturers business on the market. When and if your sale becomes public knowledge, competitors can use that information to weaken your position in the marketplace. Although it can be difficult, it's important to strike a balance between confidentiality and sale promotion. Brokers and consultants can mitigate the risk by implementing confidential sale techniques.
Leveraging Industry Connections
Today's mezzanines wholesale and manufacturers business buyers can be found in a variety of locations. Online business-for-sale databases like BizBuySell.com offer convenient resources for sellers interested in promoting their business to a broad prospect base. For more targeted lead generation, consider tapping into your network of industry contacts. The downside of industry networks is that it leaves your company vulnerable to exploitation by competitors. Use good sense in restricting the flow of information within the industry and focusing your efforts toward trusted industry allies.
Average Timeframes
It's rarely possible to sell a mezzanines wholesale and manufacturers business in a month or two. 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. Before you can list your mezzanines wholesale and manufacturers business, you'll need to invest as much as a year in preparing it for prospective buyers. In a good market, an attractive mezzanines wholesale and manufacturers business can sell in as little as a few months, although it can take more than a year to find the right buyer after the business is listed.
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