January 15, 2021  
 
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Selling an Underwear Manufacturer

You've heard the naysayers - now isn't the time to sell a underwear manufacturer. But what they don't know is that many entrepreneurs see underwear manufacturers as a smart business investment.

Intimidated by a sluggish economy, business buyers are more cautious than ever.
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The economy hasn't squashed the market for underwear manufacturers. 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.

Finding Underwear Manufacturer Buyers

It's difficult to predict where the buyer of your underwear manufacturer will come from. Avoid pigeon-holing your search to a single buyer category. Although it's helpful to target promotional tactics to likely buyers, allow for some exposure to the broader market. networking may also prove to be a valuable resource for identifying prospective buyers, but only to the extent that it can be done discreetly.

Pre-Sale Checklist

There is a lot of work that needs to be done before you're ready to sell your underwear manufacturer. 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.

Tapping Into Business Networks

Today's underwear manufacturer buyers can be found in a variety of locations. 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. When leveraging industry relationships for sales prospects, you'll need to be cognizant of the potential for competitors to use knowledge of your sale against you in the marketplace. Even though you can expand your prospect base by shouting it from the rooftops, it's probably wise to limit the release of information to the people you trust in the industry.

More Exit Planning Articles

Given your interest in exit planning and in underwear manufacturers, you might find these additional resources to be of interest.

How Much Is My Business Worth?

Marketing an Underwear Manufacturer

Five Tips for Maximizing Your Business Sale Price


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