January 22, 2021  
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Selling a Company


Selling a Youth Services Organization

Despite the pessimistic mood of many sellers, your youth services organization can be a high value acquisition target for ambitious entrepreneurs -- even in today's tough economy.

In a down economy, many youth services organization sellers wait to list their businesses until they see signs that the economy has rebounded, making it difficult to accurately evaluate the number of youth services organizations that are actually for sale.
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Despite the conventional wisdom, we believe current economic conditions are right for selling a youth services organization. We'll tell you what you need to know to achieve a successful sale outcome

Identifying Serious Buyers

Unfortunately, many of the prospects you will encounter aren't serious buyers. As a seller, it's important to separate the tire kickers from the serious buyers as soon as possible. Each tire kicker is an investment of time and energy that could be poured into finding a more qualified prospect. Your business broker can offer insights about how to quickly spot tire kickers. Never provide detailed information about your youth services organization until the prospect has been qualified as a serious buyer.

What to Expect in a Youth Services Organization Sale

Prepare yourself to feel a broad range of emotions when you sell a youth services organization. From hopefulness to remorse, it's all part of exiting of your company. Given your personal investment, you may also experience disappointment in the market's assessment of your company's value. Although it isn't easy, you can mitigate the emotional impact of a youth services organization sale by setting realistic expectations before you list your business.

How Much Does It Cost to Sell a youth services organization?

In a youth services organization sale, pricing is based on a number of factors, including the costs incurred during the sale. Good brokerage takes a 10% success fee off the top of the final sale price. Professional consultations can also represent a significant expense during the course of a youth services organization sale. If you need to compensate employees to assist with the sale, their services should also be considered.

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

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