Resources for Entrepreneurs

Sell a Business for the Best Price

Selling a Plasterers Business

For the right sellers, the business-for-sale marketplace is a friendly environment for plasterers business opportunities. There aren't any guarantees, but if you adhere to fundamental business sale concepts, you can likely get a good price for your business.

Business buyers are a timid lot, even more so now that they are facing an uncertain economic landscape.

But at Gaebler, we see plasterers businesses still selling at a brisk pace. 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.

Timing Your plasterers business Sale

When is it the right time to sell your plasterers business? If you're asking the question, now may be the time to put your business on the market. Opinions are mixed and some consultants are advising plasterers business sellers to put their plans on hold until the economy fully rebounds. We aren't nearly as pessimistic about the plasterers business marketplace. The inventory of what we consider to be quality plasterers businesses is actually low right now and there is room for the right sellers to realize substantial gains with investment-conscious buyers.

Tips for Working with A Business Broker

Many sellers employ business brokers to manage the details and direction of their sale. Brokerage is particularly common in the plasterers business-for-sale market, where aggressive selling strategies are the norm. However, your broker will still expect you to materially participate in the sale of your business. Successfully brokered sales are based on solid relationships between brokers and sellers as well as the strict execution of a common selling strategy.

Leveraging Seller Concessions

Seller concessions are becoming more commonplace in business-for-sale transactions. By far, seller financing is the most sought-after concession, especially in the current economic environment. Capital is scarce, causing new entrepreneurs to rely on sellers to finance at least part of the purchase price. As an alternative, clearly state that seller financing is not an option and consider offering other concessions to see the sale through to its completion.

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

Ready to Learn More? We Think You Might Like These Articles:


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary