Business-for-sale markets are less dependent on economic conditions than most sellers think they are.
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It may require a little finesse, but if you're prepared to take the next step in your entrepreneurial career then it's time to brave the Armenian church market and locate potential buyers ASAP.
When Is the Right Time to Sell?
When is it the right time to sell your Armenian church? If you're asking the question, now may be the time to put your business on the market. Some experts are telling Armenian church sellers to put their plans on hold until the economy fully rebounds. We aren't nearly as pessimistic about the Armenian church marketplace. The inventory of what we consider to be quality Armenian churches is actually low right now and there is room for the right sellers to realize substantial gains with investment-conscious buyers.
Negotiation Exit Strategy
If the devil is in the details, the negotiation stage of an Armenian church sale is the devil's playground. 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. In an Armenian church sale, a stalled negotiation can be an indication that the deal is dead. At this point in the process, an awareness of negotiation parameters really pays off. If the buyer is unwilling to accept your minimum demands, it's time to end negotiations and move on to the next prospect.
Working with a Professional Accountant
Accountants lay the financial groundwork for a business sale. Most Armenian church have significant tax consequences requiring the input of a qualified accountant. Brokers often advise their clients to have an accountant perform an audit of the business prior to sale. In many instances, your accountant will be invaluable in evaluating prospective buyers' financial position and buying capacity.
Given your interest in exit planning and in Armenian churches, you might find these additional resources to be of interest.
If you plan on opening an Armenian church, these guides will help you get started:
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