Deciding to sell your transportation business is a momentous occasion, but arranging for the sale can be a grueling and intimidating process. After all, your expertise is in running your transportation business, not in selling it. The good news is, that The Tenney Group specializes in selling transportation businesses just like yours, and we can put our expertise to work for you. By securing our business brokerage services, you can maximize your financial gain and minimize your frustration.
The Tenney Group is fully equipped to guide you through the process of selling your business, from valuation and listing to closing the deal and working through the transition. Often, when business owners decide to sell their businesses themselves, without professional help, the sale process lasts much longer than necessary and results in far less profit than they could have received.
Even if you aren’t planning to sell your transportation business in the foreseeable future, The Tenney Group can help you start planning now so that when that pivotal time comes, you are truly prepared. An additional consideration is that unplanned circumstances do sometimes arise; examples include the death of a partner, divorce, or health issues leading to early retirement. While those situations may be difficult, they can become even more stressful when the resulting need to sell your business holds additional frustrations.
A key factor that contributes to procuring the highest price possible for your business is listing it at a reasonable price. Just as you wouldn’t list your home for sale without a professional appraisal of its worth, you need to have a business valuation completed by a reputable source. The ideal appraisal will come from an industry-specific firm, such as The Tenney Group, which has been serving the transportation industry as professional transportation business brokers for three generations. In addition to helping you prepare for the sale of your business, the Tenney TransValuation, a professional business valuation service, will equip you to make wise decisions about your business, now.
When the time does come to put your transportation business on the market, you’ll want to utilize the expertise of an industry-specific business broker. The concept is similar to hiring a real estate agent to sell your home, but the implications are even more significant. Since your business is such a valuable asset, you’ll want to find someone who knows the ins and outs of selling such a significant item. If you’re like the overwhelming majority of business owners, you’ve never sold a company; the good news is, The Tenney Group has.
Because of our extensive database of buyers, we can help you connect with local and national parties who will value your business as much as you do. By enlisting our expertise and expansive network, we’ll be able to help you close the sale quickly and successfully. For a free initial consultation, contact The Tenney Group today.