Although most business brokers rightly emphasize the importance of keeping good books and showing a profit, don’t ignore what your business ambiance tells a potential buyer during a walk-through.
Look at your business from the perspective of a buyer. Walk around the premises to see what would strike you, if you were considering investing money to buy this business. Like a home stager who decorates a house to help it sell, you can make changes that will help your business sell.
Below are eight ways to spiff up the physical appearance of your business and make your business more appealing to a buyer:
1. Revitalize the exterior.
2. Keep stock at a steady level.
3. Remove the extraneous.
4. Fix or dump what's broken.
5. Minimize visible paperwork.
6. Sanitize break areas.
7. Make it bright.
8. Detail the vehicles.
Appearances do count
Even if your business catches the attention of a potential buyer, a business that looks ignored and disorganized may appear to be worth less than your books would indicate. Wouldn’t you pay more for a business if it looked cared for and valued by its owner?
A business seeker imagines the perfect setting, where they’ll be happily hanging out for many years, a favorable place where their entrepreneurial dreams can take flight. An orderly, comfortable, and cheerful ambiance makes your business a most promising launch pad.