Recent studies indicate that it now takes, on average, about eight to ten months to sell a small business. This figure seems to increase yearly. Why does it take so long to sell a business? Price and terms are the biggest reasons! It is very important not to overprice the business at the beginning of the sales process. A business will also sell more quickly if there is a reasonable down payment with the seller carrying the balance. Having all of the necessary information right from the … [Read more...]
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How Long Does It Take to Sell a Business?
May 23, 2013 by bbpadmin
Filed Under: Seller Articles Tagged With: advertisements, answers, balance, business broker, copyrights, down payment, equipment, financials, fixtures, franchise, franchise agreement, furniture, information, lease, license, litigation, mailing lists, menus, overprice, patents, prepare, press releases, questions, recipes, sales brochures, sales process, sell a business, small business, suppliers, time, trademarks, train, vendors, zoning