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We would like to sell our water well pump and irrigation business. Any great place to advertise?

We have been in business for 30 years and are tired. We are located in Northern Colorado and the business has been great for us. We have a great clientele and equipment. We also have real estate as an option.

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Answers (1)
Bryan Berent
Blue River Financial Group, Inc.
Managing Partner
Oakland County, MI

An owner desiring to sell their company for the greatest possible value should engage an intermediatry to confidentialy market the business. There is never a more important time fo the owner to focus exclusively on the performance of the business than during the sale process. Every dollar of profit translates into value. Growth and profitability should be the exclusive focus of the ownership and management team. The business sale process is extremely time consuming and requires deep financial and sales expertise to be effective. In addition the process should be confidential. If calls are coming in to the owner it is difficult, if not impossible, to keep the process confidential.

Apr 4, 2009