Sell a Business for the Best Price
Selling a Public Opinion Analysis Business
No one said selling your business in a depressed economy would be easy. Fortunately, a public opinion analysis business sale isn't as scary as it seems.
Most business sellers are interested in disposing of their businesses as quickly as possible. But that's not how a public opinion analysis business sale works.
Despite the conventional wisdom, we believe current economic conditions are right for selling a public opinion analysis business. We'll tell you what you need to know to achieve a successful sale outcome
Moving On
The decision to sell your public opinion analysis business can't be made without adequate consideration of what will happen after the sale. many sellers find themselves ill-equipped to handle life after their business and fail to understand that their future plans can influence the sale process. In today's market, many buyers expect seller financing - a concession that might not be a possibility for sellers whose next step requires the entire proceeds at the time of the sale.
Selling a Public Opinion Analysis Business to an Employee
Although it may seem easier to sell your public opinion analysis business to an employee, this approach also has some pitfalls. A faithful employee may have the motivation and ability to continue to operate the business. If you need to sell quickly, the timeframe is condensed in an employee sale because you don't need to track down a buyer. Yet most employees lack the means to buy their employer's business at or near the asking price. Most of the time, employees also expect owners to finance a large portion of the sale. So if you aren't willing to finance the sale or need to get top dollar for your public opinion analysis business, a sale to an employee is probably not a possibility.
Working with Accountants
Accountants lay the financial groundwork for a business sale. From a seller perspective, an accountant can offer personal financial assistance, especially when it comes to handling the disposition of sale proceeds. Brokers often advise their clients to have an accountant perform an audit of the business prior to sale. With seller financing becoming common, professional accountants are playing a more central role in negotiations and buyer qualification.
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