January 22, 2021  
 
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 Natural Healing Products and Services Business

Over the past few years, the natural healing products and services business industry has seen more than its share of fluctuations in business values. Many sellers have exited their companies under less-than-ideal circumstances. Yet it's still possible to achieve personal and professional goals when selling a natural healing products and services business during challenging economic times.

You won't find any magic formulas for selling a natural healing products and services business, especially while the market is struggling to overcome the perceptions created by a down economy.
(article continues below)

Does that mean selling your natural healing products and services business will be a piece of cake? No -- but you might be surprised to learn that the natural healing products and services businesses that are selling these days are finding success though simple, common sense selling strategies.

Post-Sale Details

As your natural healing products and services businesssale nears completion, there is a lot of work remaining to be done. Handing over the keys and saying goodbye to your employees is easier said than done, and requires thoughtful consideration prior to closing. Ideally, these and other post-sale details should be addressed early on. But if you haven't dealt with them yet, it's important to have a frank conversation with the buyer, your broker and other professionals as soon as possible.

What About Market Conditions?

No one plans to sell a natural healing products and services business in a down economy. So far, government intervention and promises that the economy is slowly recovering haven't been enough to alleviate many entrepreneur's fears. Despite the risks, sellers need to be cognizant of the fact that there is a large volume of natural healing products and services businesses waiting to be listed until the economy rebounds. When that happens, the buyers' market will become even stronger and have a negative impact on prices. The simple truth is that the economy shouldn't dictate whether or not now is the right time to sell a natural healing products and services business. Your individual circumstances and personal goals are more influential factors in determining when it's time to put your business on the market.

Buyer Identification

It's difficult to predict where the buyer of your natural healing products and services business will come from. So you'll need to take a diverse approach to identifying prospective buyers. Although it's helpful to target promotional tactics to likely buyers, allow for some exposure to the broader market. networking may also prove to be a valuable resource for identifying prospective buyers, but only to the extent that it can be done discreetly.

More Info on Business Transitions and Related Articles

Given your interest in exit planning and in natural healing products and services businesses, you might find these additional resources to be of interest.

Marketing a Natural Healing Products and Services Business

Five Tips for Maximizing Your Business Sale Price

What Does a Business Broker Charge?

How To Choose An Investment Banker


Conversation Board

Want to continue the discussion about how to sell a natural healing products and services business? If you have firsthand knowledge about exit planning issues and challenges, we invite you to submit your comments. Questions are also encouraged!


Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

Need Information on Starting a Natural Healing Products & Services Business?

If you plan on opening a natural healing products and services business, these guides will help you get started:

Starting a Natural Healing Products & Services Business

Do You Market Products or Services to Natural Healing Products & Services Businesses?

If you consider natural healing products and services businesses to be sales prospects, there's more applicable information for you elsewhere on our site. Try these useful resources instead:

Selling to Natural Healing Products and Services Businesses

Mailing Lists for Natural Healing Products and Services 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