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 Company

 

Selling an Interior Decorators' and Designers' Supplies Wholesale and Manufacturers Business

Forget about what you read in the paper -- interior decorators' and designers' supplies wholesale and manufacturers businesses are being sold everyday and the business-for-sale market is poised for even greater growth in the months ahead.

The interior decorators' and designers' supplies wholesale and manufacturers business-for-sale marketplace is a nuanced environment, full of pitfalls for sellers who aren't prepared for its demands.
(article continues below)

The economy hasn't squashed the market for interior decorators' and designers' supplies wholesale and manufacturers businesses. Like always, unprofitable and poorly positioned businesses struggle to find buyers while sellers who have invested time and effort to prepare their sale are being rewarded in the marketplace.

When Is the Right Time to Sell?

When is it the right time to sell your interior decorators' and designers' supplies wholesale and manufacturers business? If you're asking the question, now may be the time to put your business on the market. Some experts are telling interior decorators' and designers' supplies wholesale and manufacturers business sellers to put their plans on hold until the economy fully rebounds. We aren't nearly as pessimistic about the interior decorators' and designers' supplies wholesale and manufacturers business marketplace. With so many sellers holding back, there isn't a lot of inventory out there and you may be able to get a great price for your practice depending on how well you prepare the business and your ability to execute your sale strategy.

Selling an Interior Decorators' & Designers' Supplies Wholesale & Manufacturers Business to an Employee

Employee sales have pros and cons. A faithful employee may have the motivation and ability to continue to operate the business. 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. Most of the time, employees also expect owners to finance a large portion of the sale. So if you aren't willing to finance the sale or need to get top dollar for your interior decorators' and designers' supplies wholesale and manufacturers business, a sale to an employee is probably not a possibility.

Broker vs. No Broker

When selling an interior decorators' and designers' supplies wholesale and manufacturers business, you have two choices: Hire a broker to facilitate the sale or perform the sale unassisted. Is there a cost associated with hiring a broker? Sure - about 10% of the final sale prices. But a good broker will make selling your interior decorators' and designers' supplies wholesale and manufacturers business much less painful. You can also expect to receive a higher sales price for your business in a broker-assisted deal.

More Exit Planning Articles

Given your interest in exit planning and in interior decorators' and designers' supplies wholesale and manufacturers businesses, you might find these additional resources to be of interest.

Why Hire an Exit Planning Consultant

Marketing an Interior Decorators' and Designers' Supplies Wholesale and Manufacturers Business

Pros and Cons of Using Business Brokers


Conversation Board

Do you have any tips on selling interior decorators' and designers' supplies wholesale and manufacturers businesses? If so, 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

Hoping to Open an Interior Decorators' & Designers' Supplies Wholesale & Manufacturers Business?

If you plan on opening an interior decorators' and designers' supplies wholesale and manufacturers business, these helpul resources may be just what you've been looking for:

Starting an Interior Decorators' & Designers' Supplies Wholesale & Manufacturers Business

Looking for Interior Decorators' & Designers' Supplies Wholesale & Manufacturers Business Customers?

If you want information on how to sell to interior decorators' and designers' supplies wholesale and manufacturers businesses, this isn't the best resource for you on our site. These helpful guides are more appropriate for you:

Selling to Interior Decorators' and Designers' Supplies Wholesale and Manufacturers Businesses

Mailing Lists for Interior Decorators' and Designers' Supplies Wholesale and Manufacturers Businesses

More Exit Planning Information

If you are looking for exit plan advice for a different kind of business, please browse 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