Niche Exit Planning Tactics
Selling a Wholesaler and Manufacturer of Handles
A good business is about more than dollars and sense. To make your wholesaler and manufacturer of handles what it is today, you've had to fully invest yourself in its success. To see your ownership role through to completion, you will need to exhibit similar diligence in selling your company.
Most entrepreneurs have the skills and stamina to endure and prosper during the sale ofa wholesaler and manufacturer of handles.
You'll always have an excuse for not putting your business on the market. Any wholesaler and manufacturer of handles can be sold at any time -- you just need to know how to influence the right buyers.
Hoping for a quick wholesaler and manufacturer of handles sale? You may be disappointed. 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. Before you can list your wholesaler and manufacturer of handles, you'll need to invest as much as a year in preparing it for prospective buyers. In a good market, an attractive wholesaler and manufacturer of handles can sell in as little as a few months, although it can take more than a year to find the right buyer after the business is listed.
Sellers aren't the only ones who can make concessions in a business sale. In many instances, sellers can request buyer concessions. Although this scenario frequently plays out around seller financed deals, it's possible to push for a higher sales price or other form of compensation if you agree to mentor the buyer for a specified period of time. Asset exclusions, retained ownership shares and long-term contracts with another of the seller's companies can also be leveraged to extract concessions from buyers.
Tips for Working with A Business Broker
Brokerage is a mainstay of the business-for-sale marketplace. Brokerage is particularly common in the wholesaler and manufacturer of handles-for-sale market, where aggressive selling strategies are the norm. However, your broker will still expect you to materially participate in the sale of your business. Establish clear lines of communication with your broker and respond quickly to requests from prospective buyers. You should also assist your broker in listing your wholesaler and manufacturer of handles on BizBuySell.com and other online business-for-sale sites.
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