Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA - Founder and Lead Advisor at BizBen.com shares his advice to brokers, agents, and owner/sellers who want excellent results when placing a business for sale posting and attracting the right buyers who are serious about going into contract.
Refer to the text/words/phrases below when writing or posting a business for sale posting/ad and utilize as many of the "Best Words & Phrases" throughout the copy in your business for sale posting.
Make sure you don't utilize any of the "Worst Text & Phrase" choices below - you don't want to insult the intelligence of motivated and serious business buyers looking to buy a small to mid-sized business.
Remember the first 30 to 45 days is critical when selling a small business online - make sure your text is perfect the first time when posting your business for sale online!
Best Text And Word Phrases To Utilize In Your Business For Sale Posting (Use Only If They Are True In Your Situation!):
Good Books And Records
Owner Is Retiring
Real Estate Included
SBA Loan Pre-Qualified
Owner Carry Back Note
Health Forces Owner To Sell
Owner Will Carry
High Adjusted Net Income
Provable Cash Flow
Staff In Place
For Sale By Owner
Training And Support Provided
Employees In Place
Management In Place
Easy To Learn
Training Will Be Provided By Owner
Room For Growth
POS System In Place
Updated Client Database
Good Track Record
Owner Will Train
Owner Will Carry A Note - Help Finance The Deal
Long Lease In Place
Great Lease Terms
Will Cooperate With Brokers And Agents
Great Advertising Strategies & Text Choices:
- Give As Much Info As Possible - Buyers Respond To More Info
- Give As Much Geo Area Info As Possible - City, County, Area, etc.
Worst Text & Word Phrases In Business For Sale Postings (Please Don't Use These Or Any Variations Of These):
Owner Must Sale
My Loss Is Your Gain
No Training Provided By Owner
Don't Let This Opportunity Slip Away
Will Sell Quickly
Moving Must Sell Quickly
Location, Location, Location
Must Check This Out
Act Fast Before It's Gone
Priced To Sell
Will Not Last
In A A+ Location
Must Move Quickly
Don't Lose Out
Not So Smart Advertising Strategies & Text Choices:
- Using All Capital Letters On Words
- Not Listing Any Financial Information (Or Very Little)
- Not Giving A Selling Price or Price Range
- Not Giving A General Location
- Giving Very Little Information In Posting
- Using Multiple Exclamations - like !!!!!!!! to make a point, etc.
|Helpful Resources To Assist In Selling And Buying California Businesses|
|Janet Carrera: Escrow & Bulk Sale Service - SF Bay Area
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
|Diane Boudreau-Tschetter: Escrow & Bulk Sale Services - CA
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
|Elizabeth McGovern: Escrow Services - San Francisco Bay Area
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
|Brad Steinberg, Business Broker: Laundromat Specialist
PWS is the leading laundromat broker in California. Since 1968 PWS has brokered over 2,500 laundromat sales. With over 90 employees dedicated to the coin laundry industry, PWS has 18 licensed agents, a 3 person in-house finance department, 10 service technicians and a 20 person parts department.
|Helen Yoo, New Century Escrow - Escrow Services In Southern California
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
|Shalonda Chappel: Escrow & Bulk Sale Services - Southern California
Escrow services to brokers/agents, sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services. 951-808-3972.
|William F. Ziprick, Attorney: Legal Services For Buyers And Sellers
Through creative problem solving, attention to detail, accessibility, & understanding that unnecessary delay is often a deal killer, I work closely with my clients and other professionals to consistently achieve a high rate of closings. Office: 909-255-8353, Cell: 509-951-7230.
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