September 23, 2020 is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

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Selling a Company


Selling a Personal Computer Printers Business

Many business leaders say that now isn't the time to try to sell a personal computer printers business. Don't be deterred by economic uncertainty. There are plenty of reasons why this is the right time to put your personal computer printers business on the market.

It's a fact: Successful business sales take time.
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Yet what many sellers don't appreciate is that a down economy can present the perfect opportunity to sell a personal computer printers business.

Finding Prospects

Still looking for prospective buyers for your business? You probably already know several parties with an interest in acquiring your company. Although some personal computer printers 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.

Selling to a Family Member

The idea of passing a business along to a family member sounds idyllic to many business owners. in reality, a family-based personal computer printers business sale can be more complicated than selling to a stranger. Often, a sale to a family member creates fractures within the family. If you refuse to discount the sales price or offer other concessions, it could create a rift with the buyer. But if you give in to the buyer's demands, you risk alienating family members who may feel the buyer is receiving an early inheritance. Although it may seem odd, a sale to a family member can take longer than a sale to a stranger because it may take time to work through family issues prior to closing.

Sale Costs

In a personal computer printers business sale, pricing is based on a number of factors, including the costs incurred during the sale. Good brokerage takes a 10% success fee off the top of the final sale price. Professional consultations can also represent a significant expense during the course of a personal computer printers business sale. If you need to compensate employees to assist with the sale, their services should also be considered.

More Info on Business Transitions and Related Articles

Given your interest in exit planning and in personal computer printers businesses, you might find these additional resources to be of interest.

Renewing Leases Prior to Selling a Business

Marketing a Personal Computer Printers Business

Pros and Cons of Using Business Brokers

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The learning process for selling a personal computer printers business is an ongoing journey. Send us your comments and questions, and let's continue the conversation!

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