December 4, 2020  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Resources for Entrepreneurs

 

Selling a Company

 

Selling a Vinyl Lettering Business

Maybe you're counting on your vinyl lettering business to be a stepping stone to your next big business venture. Maybe it's your retirement fund. Either way, you need to maximize the price it gets in the business-for-sale marketplace.

Personal and professional concerns surround the sale of a vinyl lettering business. But have you considered how your customers, vendors and employees will handle the sale?
(article continues below)

More than a few vinyl lettering business owners fail to receive fair market value for their businesses. With the right strategy, your sale doesn't have to end that way.

Advertising Your Sale

Profitable vinyl lettering business sales incorporate comprehensive advertising plans. However, confidentiality and other concerns can present challenges, even for sales professionals. A highly publicized sale creates vulnerabilities that can be exploited by your competitors. The best way to advertise a vinyl lettering business is to enlist the assistance of a business broker who is skilled in locating and contacting prospective buyers.

Why Confidentiality Matters

Highly publicized vinyl lettering business sales are risky vinyl lettering 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. Successful sales walk a fine line between total confidentiality and aggressive promotion. Brokers and consultants can mitigate the risk by implementing confidential sale techniques.

Benefits of Third-Party Assistance

At some point, you're going to need help selling your vinyl lettering business. Brokers can be an important resource for your sale, especially if you are unfamiliar with the business-for-sale marketplace. Additionally, you may want to hire professionals for legal, valuation and other functions before you put your business on the market. The early recruitment of external resources reduces your risk and results in a more predictable final outcome.

More Exit Planning Articles

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

Selling Part of a Business

Marketing a Vinyl Lettering Business

How Much Is My Business Worth?


Conversation Board

The learning process for selling a vinyl lettering business is an ongoing journey. Send us your comments and questions, and let's continue the conversation!


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 Vinyl Lettering Business?

If starting a vinyl lettering business is on your agenda, these guides will help you get started:

How to Start a Vinyl Lettering Business

Looking for Vinyl Lettering Business Customers?

If you consider vinyl lettering businesses to be sales prospects, there's more applicable information for you elsewhere on our site. These helpful guides are more appropriate for you:

Selling to Vinyl Lettering Businesses

Mailing Lists for Vinyl Lettering Businesses

More Business Sale Guides

If you are looking for exit plan advice for a different kind of business, try our directory of exit planning guides below.

Browse more niche exit planning guides:

 

 

 

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary