June 1, 2020  
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Resources for Entrepreneurs


Selling a Company


Selling an Elementary Education Business

Market shifts affect business values and the elementary education business market has been exceptionally volatile. Here's what you'll need to know to sell an elementary education business during challenging economic times.

Although we're optimistic about the economy, we also recognize that it takes the right strategy to sell an elementary education business in today's market.
(article continues below)

At Gaebler, we're seeing elementary education business sellers succeed by applying sound sales principles combined with a refusal to be intimidated by a down economy.

What About Market Conditions?

No one plans to sell an elementary education business in a down economy. So far, government intervention and promises that the economy is slowly recovering haven't been enough to alleviate many entrepreneur's fears. Despite the risks, sellers need to be cognizant of the fact that there is a large volume of elementary education businesses waiting to be listed until the economy rebounds. When that happens, the buyers' market will become even stronger and have a negative impact on prices. So what's our point? The economy isn't the most important factor in the sale of your business. Instead, you should be focusing on making your elementary education business as attractive as possible so to buyers right now.

Sale Costs

In an elementary education 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.

How to Skillfully Address Buyer Concerns

Buyers can present challenges, especially during the due diligence stage. The questions elementary education business ask during due diligence are designed to alleviate their concerns about the business and should be promptly addressed by the seller. To protect yourself, don't offer an answer until you are sure the information you are providing is 100% accurate. Refer to the Letter of Intent to determine how to wrap up due diligence and move the buyer on to closing.

More Exit Planning Articles

We think you may find these additional resources to be of interest.

Role of Location In Selling a Business

Marketing an Elementary Education Business

Selling to Competitors

Conversation Board

Do you have any more tips on how to sell an elementary education business? If so, submit your comments and suggestions so other entrepreneurs can learn from your experience.

Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

Hoping to Open an Elementary Education Business?

If you plan on opening an elementary education business, these guides will help you get started:

Starting an Elementary Education Business

Do You Market Products or Services to Elementary Education Businesses?

If you consider elementary education businesses to be sales prospects, this isn't the best resource for you on our site. These helpful guides are more appropriate for you:

Selling to Elementary Education Businesses

Mailing Lists for Elementary Education Businesses

More Business-for-Sale Advice and Information

If you are looking for exit plan advice for a different kind of business, try our directory of exit planning guides below.

Browse more niche exit planning guides:





Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary