February 21, 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 International Movers Business

Is the economy still a little shaky for a business sale? Sure it is. Yet international movers businesses haven't heard the news and are reporting steady action on the business-for-sale market.

A business exit is always a trying experience. But when you need to sell your international movers business in a depressed economy, the challenges can seem insurmountable.
(article continues below)

Success is a factor of preparation, execution and a keen eye for the market. As a business seller, you need to go into the process with the mental goal of presenting your business in the best possible light.

Valuation Methods

Professional appraisers can use three methods to determine the value ofan international movers business: The income method, the asset method and the market method. The income method determines value based on the amount of income the business is expected to generate. The asset method, on the other hand, is based on the value of tangible and non-tangible assets (e.g. brands and trademarks). Finally, the market method determines the worth of your international movers business based on the sales of similar businesses in your geographic area. A good appraiser will often use multiple valuation methods to arrive at a reasonable estimate. Sellers should take note of the fact that all three valuation methods reward businesses that takes steps to increase assets and income.

Working with Accountants

Accountants lay the financial groundwork for a business sale. Before your international movers business goes on the market, you should sit down with your accountant to clarify your financial goals and the tax consequences of a sale. Brokers often advise their clients to have an accountant perform an audit of the business prior to sale. With seller financing becoming common, professional accountants are playing a more central role in negotiations and buyer qualification.

Preparing Family Members

You're ready to sell your international movers business, but is your family prepared for the transition? Unfortunately, families often experience turmoil during a sale even when the primary owner is convinced it's the right decision. As a seller, you need to be sensitive to your family's feelings about the sale and make an effort to keep them informed about the process. Subsequently, selling an international movers business should allow opportunities for all family members to share their feelings and offer input about the sale process.

More Exit Planning Articles

Given your interest in exit planning and in international movers businesses, you might find these additional resources to be of interest.

Marketing an International Movers Business

Pre-Exit Employee Incentive Programs


Conversation Board

Do you have any more tips on how to sell an international movers 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 International Movers Business?

If starting an international movers business is on your agenda, these helpul resources may be just what you've been looking for:

Starting an International Movers Business

Do You Market Products or Services to International Movers Businesses?

If you consider international movers businesses to be sales prospects, there's more applicable information for you elsewhere on our site. These helpful guides are more appropriate for you:

Selling to International Movers Businesses

Mailing Lists for International Movers Businesses

More Guides on Selling a Business

If you are eager to get business succession tips for a different industry, 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