JCK 5: Tips for Selling a Distressed Business



1. Accentuate the Positive. (Eliminate the Negative!) Convey your business’ strengths to potential buyers. Examples: your presence in the community; the foundation you have spent years building; your highly skilled sales staff. 2. Price Your Business to Sell. Be honest—buyers will likely know a fair price. A third-party business valuation with preapproval from a bank is also recommended.3. Clean House. Make sure your business can be easily transferred by having your lawyer review your client and vendor contracts, employment agreements, and other documents.4. Stay Focused. Don’t ignore ev
JCK PRO

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).

SUBSCRIBE TO CONTINUE

Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out