September 20, 2020  
 
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Selling a Business

 

Selling an Envelopes Retail Business

Selling an envelopes retail business doesn't happen overnight. It takes a deliberate process to get top dollar for your company.

We're seeing a high volume of shadow inventory in the business-for-sale market.
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Eventually, it will the time will come to exit your business. And when that day arrives, you need to know how to sell your envelopes retail business in a way that achieves positive outcomes for you and the business.

Leveraging Industry Connections

There are a lot of different places to look for envelopes retail business buyers. To advertise your sale to the widest possible audience, consider a listing on BizBuySell.com or other top online business-for-sale listing sites. For more targeted lead generation, consider tapping into your network of industry contacts. Time and time again, successful envelopes retail business sales emerge from relationships within the industry. The challenge is to leverage industry connections while keeping knowledge of the sale hidden from your competitors. Use good sense in restricting the flow of information within the industry and focusing your efforts toward trusted industry allies.

Selling an Envelopes Retail Business to an Employee

Employee sales have pros and cons. There are some perks to selling the business in-house. If you need to sell quickly, the timeframe is condensed in an employee sale because you don't need to track down a buyer. Yet most employees lack the means to buy their employer's business at or near the asking price. A seller-financed deal may be necessary unless the employee has significant assets or investor backing.

Average Timeframes

From the day they decide to sell their company, the question that plagues many owners is how long it will take to sell their envelopes retail business. Although asking price and other factors contribute to sale time, it's difficult to predict how long your business will be on the market before you locate the right buyer. Before you can list your envelopes retail business, you'll need to invest as much as a year in preparing it for prospective buyers. Even though it's conceivable that an attractive opportunity could sell in weeks, an immediate flood of offers could indicate that the business is underpriced.

More Exit Planning Articles

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

Marketing an Envelopes Retail Business

Entrepreneurial Exit Strategies

Pros and Cons of Using Business Brokers

Selling to Competitors


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