Waiting for better economic times to sell your company? That's a common anthem in the small business community.
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Yet what many sellers don't appreciate is that a down economy can present the perfect opportunity to sell a student housing and services business.
When to End Negotiations
Negotiations have a way of dragging on forever. But sooner or later, someone needs to bring negotiations to a close. Unfortunately, that responsibility often falls on the seller. In a student housing and services business sale, a stalled negotiation can be an indication that the deal is dead. Since it can be difficult to tell whether the buyer is serious or playing games, it's important to know the lower boundaries of your negotiation strategy and be willing to walk away from the negotiation table, if necessary.
In a student housing and services 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. For sellers, that makes a close review of the Letter of Intent more than a formality - it's a critical juncture on the path to closing.
Promoting a student housing and services business Sale
The best student housing and services business sales incorporate comprehensive advertising plans. However, confidentiality and other concerns can present challenges, even for sales professionals. The knowledge that your business is being sold almost always converts into negative PR with your customers and vendors. Business brokers are skilled at publicizing student housing and services business sales while maintaining the confidentiality that is critical to your business.
Given your interest in exit planning and in student housing and services businesses, you might find these additional resources to be of interest.
If you plan on opening a student housing and services business, these helpul resources may be just what you've been looking for:
If you consider student housing and services businesses to be sales prospects, this isn't the best resource for you on our site. These helpful guides are more appropriate for you:
If you are looking for exit plan advice for a different kind of business, try our alphabetical directory of exit planning guides below.