Business owners should be doing this, red-deer

Business owners should be doing this

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red-deer > For Sale > Business > Business owners should be doing this (#115573)
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The Affordable Business Partner. A better way to buy and sell Businesses in Alberta and now Saskatchewan. How can we help you?

For most business owners there comes a time to sell your business. Retirement, new direction, boredom, and divorce, are some of the reasons why owners decide to sell their businesses. Unfortunately, the majority of business owners don’t plan or plan too late when the time comes to selling. Lack of planning is one of the main reasons why only 1 out of 5 businesses that are for sale actually succeed selling.

Selling your business shouldn’t be a last minute decision and planning should start the first day you purchase or start a business. Aside from the financial history of a business, business buyers search for businesses that offer insight into how the business was operated over time. Buyers want to have an overall connection with the business operations. They need to get a sense that not only can they make a nice living from operating the business but also feel confident that they too can continue to offer great and beneficial business practices for their new business clientele.

Business owners make the mistake of thinking that the only competition they are up against is businesses that are similar to theirs. In fact businesses owners are competing with a wide range of businesses that are for sale that not only fit the buyer’s financial budget but offer a solid return for investment plus an emotional connection. (We have over the years sold businesses to clients in an industry that wasn't originally on their radar0 Anything that a business owner can do to make their business stick out from the competition increases their success in a crowded selling market.

If interested in learning more about business selling drop us a line at [email protected] or call us at 403.708.0903 and let’s explore ideas on how we can work together to make your business more attractive to sell.

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