Business Exit Planning
Selling a Monuments and Markers Dealers Business
Selling a monuments and markers dealers business doesn't happen overnight. It takes a deliberate process to get top dollar for your company.
It's a fact: Successful business sales take time.
Fortunately for sellers, forward-thinking entrepreneurs continue to be attracted to monuments and markers dealers businesses that exhibit strong financials and potential for future growth.
Benefits of Third-Party Assistance
There are a range of professionals available to guide you through the sale of a monuments and markers dealers business. Brokers can be an important resource for your sale, especially if you are unfamiliar with the business-for-sale marketplace. Additionally, you may want to hire professionals for legal, valuation and other functions before you put your business on the market. The benefit of soliciting outside assistance early is that seemingly small decisions now can have big consequences later. By consulting professionals throughout the sale of your monuments and markers dealers business, you can avoid painful tax and legal complications both before and after closing.
Why Confidentiality Matters
In the business-for-sale universe, publicity translates into risk. A low-key selling strategy is a low risk activity because you can control who does (and doesn't) know that your business is on the market. But if word leaks out to the wrong people, your competitors can use that information to steal business and damage your credibility. Although it can be difficult, it's important to strike a balance between confidentiality and sale promotion. We recommend consulting a business broker to learn how you can simultaneously identify prospective buyers and maintain a confidential sale environment.
Average Timeframes
Hoping for a quick monuments and markers dealers business sale? You may be disappointed. The amount of time your business will be on the market depends on how aggressively it is priced and marketed. On average, it takes a minimum of six months to prepare a monuments and markers dealers business for sale and many sellers spend a year or more positioning their business to command a higher price. In a good market, an attractive monuments and markers dealers 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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