Make More When Selling a Business
Selling a Zoo and Circus Animal Dealership
No one said selling your business in a depressed economy would be easy. Fortunately, a zoo and circus animal brokers and dealers business sale isn't as scary as it seems.
In a down economy, many zoo and circus animal brokers and dealers business sellers wait to list their businesses until they see signs that the economy has rebounded, making it difficult to accurately evaluate the number of zoo and circus animal brokers and dealers businesses that are actually for sale.
Undaunted by economic conditions, many zoo and circus animal brokers and dealers business sellers are achieving their sale goals through deliberate sale strategies.
Family Issues
Many sellers embarked on their zoo and circus animal brokers and dealers business sale without adequately considering the impact it will have on their families. Whether you realize it or not, your zoo and circus animal brokers and dealers business has been an important part of your family life. The sale of the business will likely result in new family dynamics. To keep the family intact, the sale of a zoo and circus animal brokers and dealers business has to include ample communication and shared decision-making.
Selling a Zoo & Circus Animal Dealership to an Employee
Although it may seem easier to sell your zoo and circus animal brokers and dealers business to an employee, this approach also has some pitfalls. A faithful employee may have the motivation and ability to continue to operate the business. If you need to sell quickly, the timeframe is condensed in an employee sale because you don't need to track down a buyer. However, some employees feel they are entitled to special treatment and pricing, especially if they have played a key role in the company's success. A seller-financed deal may be necessary unless the employee has significant assets or investor backing.
Post-Sale Details
The way you exit your zoo and circus animal brokers and dealers business is just as important as the way you sell it. The transition to the new owner, the distribution of sale proceeds and other issues can weigh heavily on sellers. If there are pending details that still need to ironed out, address them ASAP to ensure a smooth closing and transition.
Share this article
Additional Resources for Entrepreneurs