Sell a Business for the Best Price
Selling a Professional Organizers Business
Many business leaders say that now isn't the time to try to sell a professional organizers business. At Gaebler, we think it's a great time to sell a professional organizers business. Here's why . . ..
You won't find any magic formulas for selling a professional organizers business, especially while the market is struggling to overcome the perceptions created by a down economy.
However, serious buyers also understand the value of a good professional organizers business. To sell your professional organizers business, you'll need to go the extra mile to prove your company has the potential to deliver steady revenue and a solid ROI.
Tapping Into Business Networks
These days, professional organizers business buyers are an extremely diverse group with backgrounds in and outside of the industry. To advertise your sale to the widest possible audience, consider a listing on BizBuySell.com or other top online business-for-sale listing sites. For more targeted lead generation, consider tapping into your network of industry contacts. When leveraging industry relationships for sales prospects, you'll need to be cognizant of the potential for competitors to use knowledge of your sale against you in the marketplace. Your broker may be able to offer strategies for promoting your sale within your network while maintaining some remnant of a confidential sale.
When Is the Right Time to Sell?
When is it the right time to sell your professional organizers 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 professional organizers business sellers to put their plans on hold until the economy fully rebounds. We aren't nearly as pessimistic about the professional organizers business marketplace. With fewer professional organizers businesses on the market, there are ample opportunities for sellers to capture the attention of qualified buyers.
Equipment and Inventory Concerns
Buyers typically perform an independent appraisal of your professional organizers business's physical assets. But you'll need to commission your own appraisal before you put your professional organizers business on the market to arm yourself with information for the negotiation phase. A professional appraisal is a necessity because it gives you the information you need to negotiate a sale price. During your appraisal process, you should also note the condition of your assets. Cost-effective repairs can then be made before your list your professional organizers business.
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