Sell a Business Tips

Selling a Shingles and Shakes Wholesale and Manufacturers Business

For the right sellers, the business-for-sale marketplace is a friendly environment for shingles and shakes wholesale and manufacturers business opportunities. Although final sales prices vary, the best sales combine strategy and hard work to achieve desired outcomes.

In any economy, there is a right way and a wrong way to sell a business.

Yet what many sellers don't appreciate is that a down economy can present the perfect opportunity to sell a shingles and shakes wholesale and manufacturers business.

Dealing with Your Emotions

Business sellers sometimes struggle to handle the emotions of a sale. You probably have good reasons for selling your shingles and shakes wholesale and manufacturers business now, but that doesn't make the emotions you will experience any easier. It's important to allow yourself time to process your emotions during your exit. At the same time, it's helpful to consult with people who can help limit the influence of your emotions on negotiations and other aspects of the sale process.

Sale Documents

In a shingles and shakes wholesale and manufacturers business sale, the Letter of Intent contains the vital elements of the deal between the buyer and the seller . If you are seeking buyer concessions, the time to address them is before the Letter of Intent is drafted. Never sign a Letter of Intent until it has been properly reviewed by your attorney and you are in complete agreement with everything it contains.

Negotiation 101

It's critical to negotiate from a position of strength. More often than not, the person with the most knowledge will come out on top in a shingles and shakes wholesale and manufacturers business negotiation. However, the first step in good negotiating is to develop a sense of what you need to get out of the deal. A thorough understanding of sale price, possible concessions and other bottom line requirements gives you the ability to negotiate with confidence. If you aren't sure what you need, put negotiations on hold until you gain a clearer understanding of your own deal parameters.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary