September 25, 2020  
 
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Selling a Company

 

Selling a Shoppers' News and Guide Advertising Business

Is the economy still a little shaky for a business sale? Sure it is. Yet shoppers' news and guide advertising businesses haven't heard the news and are reporting steady action on the business-for-sale market.

An assortment of hurdles and obstacles stand between you and the successful sale of your shoppers' news and guide advertising business.
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To sell a shoppers' news and guide advertising business now, sellers need to make a strong case for buyers to purchase at or near the asking price.

Why Confidentiality Matters

Highly publicized shoppers' news and guide advertising business sales are risky shoppers' news and guide advertising businesssales. A low-key selling strategy is a low risk activity because you can control who does (and doesn't) know that your business is on the market. But if word leaks out to the wrong people, your competitors can use that information to steal business and damage your credibility. Maintaining confidentiality isn't easy, but without it you won't get top dollar for your business. In a worse case scenario, a profitable shoppers' news and guide advertising business can be reduced to one that is struggling to survive. If confidentiality is important to you (and it should be), your best bet is to consult with a professional business broker about maintaining a confidential shoppers' news and guide advertising business sale.

Selecting a Broker

Good business brokers inevitably produce better business sales. In the shoppers' news and guide advertising business industry, experience is a must-have characteristic for qualified brokerage. The best brokers should also come with a list of references, a demonstrable track record and a proven plan for selling shoppers' news and guide advertising businesses.

Average Timeframes

It's rarely possible to sell a shoppers' news and guide advertising business in a month or two. Although asking price and other factors contribute to sale time, it's difficult to predict how long your business will be on the market before you locate the right buyer. On average, it takes a minimum of six months to prepare a shoppers' news and guide advertising business for sale and many sellers spend a year or more positioning their business to command a higher price. Once your business is ready for the marketplace, it could take an additional six months to a year to locate the right buyer.

More Info on Business Transitions and Related Articles

Given your interest in exit planning and in shoppers' news and guide advertising businesses, you might find these additional resources to be of interest.

How to Sell a Business

Marketing a Shoppers' News and Guide Advertising Business

What Does a Business Broker Charge?


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