May 29, 2020 is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Resources for Entrepreneurs


How to Sell to a Business


Selling a Tank Truck Transportation Business

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

The economy isn't the only thing that is uncertain these days. So are tank truck transportation business buyers, many of whom are waiting to pull the trigger on their next acquisition.
(article continues below)

Many business owners don't know that tank truck transportation businesses are still a hot commodity, to the extent that sellers have properly prepared them for the marketplace.

Negotiation 101

As a business seller, you have to be at the top of your negotiating game. More often than not, the person with the most knowledge will come out on top in a tank truck transportation business negotiation. But before you can negotiate effectively, you need to have a clear sense of your minimum sale requirements. If you lack clarity about your goals, you're guaranteed to fall short of achieving of them. If you aren't sure what you need, put negotiations on hold until you gain a clearer understanding of your own deal parameters.

Average Timeframes

It's rarely possible to sell a tank truck transportation 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. To adequately prepare your business listing, plan on spending six months to a year prior to listing. Even though it's conceivable that an attractive opportunity could sell in weeks, an immediate flood of offers could indicate that the business is underpriced.

Maximizing Sales Price

There are no simple ways to sell a tank truck transportation business. If you don't know what you're doing, your business could languish on the market for months or even years. Fortunately, a business broker can minimize the impact on your bank account and personal well-being. If you try to sell your business without a broker, your time will be consumed by the details of the sale. Subsequently, you'll be distracted from the demands of your auto supply store, business will suffer, and the sale price you receive for your company will be dramatically reduced. For a lot reasons, a decision to hire a broker is almost always the right decision, especially for sellers who need to receive top dollar for their tank truck transportation businesses.

More Exit Planning Articles

Ready to learn more? You may find these additional resources to be of interest.

Marketing a Tank Truck Transportation Business

Why Most Businesses Do Not Have Exit Plans

How Much Is My Business Worth?

Terms of Investment Banking Agreement

Conversation Board

Do you have any tips on selling tank truck transportation businesses? If so, we'd love to hear from you!

Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

Hoping to Open a Tank Truck Transportation Business?

If starting a tank truck transportation business is on your agenda, these helpul resources may be just what you've been looking for:

Opening a Tank Truck Transportation Business

Do You Market Products or Services to Tank Truck Transportation Businesses?

If you want information on how to sell to tank truck transportation businesses, this isn't the best resource for you on our site. Try these useful resources instead:

Selling to Tank Truck Transportation Businesses

Mailing Lists for Tank Truck Transportation Businesses

More Business Transfer Information

If you are eager to get business succession tips for a different industry, try our alphabetical list exit planning guides below.

Browse more niche exit planning guides:





Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary