Exit Planning Advice By Market
Selling an Archery Wholesale and Manufacturers Business
Many business leaders say that now isn't the time to try to sell an archery wholesale and manufacturers business. At Gaebler, we think it's a great time to sell an archery wholesale and manufacturers business. Here's why . . ..
In any economy, there is a right way and a wrong way to sell a business.
Many business owners don't know that archery wholesale and manufacturers businesses are still a hot commodity, to the extent that sellers have properly prepared them for the marketplace.
How Much Does It Cost to Sell an archery wholesale and manufacturers business?
In an archery wholesale and manufacturers business 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. Depending on your circumstances, you may also incur substantial expenses in hiring legal, appraisal and accounting professionals. Furthermore, your time has value, so you may need to include a personal compensation consideration in your expense estimates.
When to End Negotiations
Negotiations have a way of dragging on forever. There are countless details that need to be hammered out before a Letter of Intent can be prepared and the process can move on to the due diligence stage. As the seller, you'll be on the front lines of negotiation and will need to know when it's time to bring negotiations to an end. It's not unusual for an archery wholesale and manufacturers business sale negotiation to reach an impasse over price or other concessions. If you are adequately prepared, you'll know what your bottom line is -- and if the buyer is unwilling to meet your bottom line requirements or if negotiations are stalled, it's time to step back from the negotiating table and re-evaluate your options.
Advertising Your Sale
The best archery wholesale and manufacturers business sales listings are intentionally promoted to the right prospects. However, confidentiality and other concerns can present challenges, even for sales professionals. If sale information leaks out, competitors can use it to steal customers and circulate negative messages about your business throughout the industry. Business brokers are skilled at publicizing archery wholesale and manufacturers business sales while maintaining the confidentiality that is critical to your business.
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