February 18, 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 Business

 

Selling an Interior Decorators and Designers Commercial and Industrial Business

Maybe you're counting on your interior decorators and designers commercial and industrial business to be a stepping stone to your next big business venture. Maybe it's your retirement fund. Either way, you need to maximize the price it gets in the business-for-sale marketplace.

Like it or not, an interior decorators and designers commercial and industrial business sale is a complicated affair, made even more difficult by the emotions associated with leaving a business you've poured your life into. But have you considered how your customers, vendors and employees will handle the sale?
(article continues below)

Undaunted by economic conditions, many interior decorators and designers commercial and industrial business sellers are achieving their sale goals through deliberate sale strategies.

Sale Costs

The calculation of your asking price should include a buffer to cover the expense of the sale process. Good brokerage takes a 10% success fee off the top of the final sale price. Professional consultations can also represent a significant expense during the course of an interior decorators and designers commercial and industrial business sale. If you need to compensate employees to assist with the sale, their services should also be considered.

Negotiation Teams

It's not unusual for interior decorators and designers commercial and industrial business sellers to feel overwhelmed when they negotiate the sale of their business. Negotiation is a chess game, best played with the resources and backend support of a negotiation team. Good negotiation teams support sellers, giving them insight and advice about how to overcome buyer objections and drive the process forward to a successful conclusion.

Pre-Sale Checklist

There is a lot of work that needs to be done before you're ready to sell your interior decorators and designers commercial and industrial business. Perhaps the most important pre-sale consideration is to right-size your expectations to the realities of the market. Once your expectations are in the ballpark, you can move on to making your business presentable to prospective buyers.

More Exit Planning Articles

Ready to learn more? You may find these additional resources to be of interest.

Marketing an Interior Decorators and Designers Commercial and Industrial Business

How Much Is My Business Worth?

Selling to Competitors

Terms of Investment Banking Agreement


Conversation Board

What challenges have you experienced in selling an interior decorators and designers commercial and industrial business or are you just getting started? If you have questions or advice to share, we'd love to hear from you!


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

Need Information on Starting an Interior Decorators & Designers Commercial & Industrial Business?

If starting an interior decorators and designers commercial and industrial business is on your agenda, these helpul resources may be just what you've been looking for:

Opening an Interior Decorators & Designers Commercial & Industrial Business

Looking for Interior Decorators & Designers Commercial & Industrial Business Customers?

If you consider interior decorators and designers commercial and industrial businesses to be sales prospects, there's more applicable information for you elsewhere on our site. Try these useful resources instead:

Selling to Interior Decorators and Designers Commercial and Industrial Businesses

Mailing Lists for Interior Decorators and Designers Commercial and Industrial Businesses

More Information on How to Sell a Niche Company

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

Contributors

Business Glossary