My New Blog

July 16th, 2010 10:57 AM

Selling your business is a lot different than selling a property.  In order to successfully sell your business it has to be properly priced.  If you're not making money, come on, who's going to pay you $50,000 to buy a business that's loosing money.  And, if you're not loosing money but not showing a profit you run into the same problem.   We can show you how to price the business for sale. 

Prior to selling, consider several actions:

Prepare to sell well in advance; be sure your profit and loss coinsides with what you are reporting to the Sales Tax people for at least 6 months.  Document all the process needed to run the business.  If you weren't there for a week could someone step in and do it?  Be sure your lease in order and that it can be extended. 

Last, don't try to do it yourself.  Even in our company our regular associates (property focused) do not sell business's.  We have a department dedicated to Business Opportunity sales in the Greater Daytona Beach area.  In the mean time, check out this Entertainment Complex.

So call me, let me hook you up with a Business Opportunity specialist.  I'm Claude Gardner, 386 846 4135.


Posted by Claude J Gardner PA CCIM on July 16th, 2010 10:57 AMPost a Comment (0)

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