Is It Time to Stick Your Head in The Sand or Sell Your Struggling Business?

Not every business can survive tough times during, bad health, divorce, market changes loss of a loved one ect. It isn't because you didn't work hard enough or didn't have a great idea just sometimes, circumstances make it necessary to close down your current business and go on to other ventures, either temporarily or permanently. If you've decided that it's time for you to move on reach out to Venture Business Brokers today. 

The key to selling anything, is you must always provide a value to the buyer that the buyer can't get in another, cheaper way. It's probably next to impossible to sell a millinery shop or French restaurant that's losing money. Assuming anyone wanted to enter a highly competitive business where an existing enterprise was doing so poorly, it would probably be cheaper to start from scratch.

 Businesses that have well-entrenched local brands and have been historically profitable retain at least some value, even when they're not currently making money. For example, a well-established neighborhood building material supply company that suffered significant losses when the the big box retailers moved into town. It might be salable based on the value of its brand and the loyalty of its customers. 

Give us a call today and let's start a conversation on how we can sell your business, give you some peace of my and eliminate those sleepless nights (631)320-5849 or ray@venturebb.com