How to sell or buy business quickly and at the best price the biggest challenge for small and medium businesses in India. Selling or buying a business is a sensitive issue and needs tillage attention without adequate information and knowledge. Also to find buyers or real and serious sellers is a tedious task.
The traditional approach is to advertise in newspapers or in trade magazines or take the help of professional consultants. However, these approaches are expensive while the answer is the former interrogation and short while later is expensive as professionals charge huge fees or commission accepted.
In recent years, there is a tendency to take the help of classified sites where you can post your business to buy or sell ads. Like most listed sites are free and do not target specific regions, you will find ads or junk ads irrelevant are posted on these sites. If you tend to post your need as many free websites for answers, he hurt you significantly, as it seems desperateness your part. This is a big NO. sellers and buyers can identify your smart similar ads and negotiate hard with you the results and in the very low gives your sales and high offering your shopping lists. On the free sites you normally find lists of companies who just need to know what their current business market offers – decided not seriously. This will kill your valuable time, energy and resources if you keep trying on the list of free sites.
Off late, tried another way is social media postings on LinkedIn, Facebook or Twitter. We have seen many consultants also show their client company to buy and sell as they can not find their own sources and even charge the money from it. If you do it on your own, it becomes open and does not remain confidential. If you publish yourself on social media to sell your business, your information is immediately revealed in the social field. In addition, there is no or less evidence available to establish that any agreement materialized on social media. Instead, you will be bombarded with consultants offer available on social media, to help you sell or buy business cold.
What should you do now? Although the sale of online business, you should carefully choose a place (website or online service) where you can find buyers and serious and genuine sellers, and able to protect your personal information. You should not post on every free classified website and call yourself as desperate, the buyer or the seller later try to exploit you. You should also make sure your ad is on a Web site that focuses Indian market only. You should also know if any purchase or sale lists are selected (reviewed or examined) before it is published – it will help you to find genuine and serious buyers. You must also ensure that they provide you all the vital resources such as the requirements of the due diligence process, professional presentation templates, off line support etc. – that you are not merger and acquisition expert, but you need a good help. If you find such a service, even if you have to pay small amount of fee to announce your ads, you can buy or sell business quickly, cost effectively and cheaply. For example, http://www.IndiaBizForSale.com offers such service and support to Indian companies or investors who want to sell or buy business in India Business in India.