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Car Buying and Lemon Law Tips
Copyright 2005 Daniel Ellenwood
Car buying is not a task to be taken lightly. The cost of a new
car equals almost what my parents paid for their first home.
It's imperative to do behind the scenes research to ensure you
get a great deal....
Lower Credit Card Debt
You can lower credit card debt through a variety of options.
Consolidating your debt into one loan can help lower interest
rates and monthly payments. If you need additional help, you can
use a debt management or debt negotiation company. Both...
Part 2 The Negotiation.
Dependant on how this part of the process is approached it can
be a stress free or stressfull experience.
All Media I've read on the subject recomend an adversarial role
between you the customer and them the sales proffessional....
Teamware: Answers the 5 Questions of Document Collaboration
Every organization which creates collaborative documents, whether they are budgets, presentations, reports, spreadsheets, or other documents recognizes that collaborative efforts are requirement. That collaboration always forces the 5 eternal...
Your Financial Future
"Wonder is the foundation of all philosophy, inquiry the progress, ignorance the end!" Michel de Montaigne (1533 - 1592) Financial independence is one of the most important goals for most people. Yet people sometimes miss the opportunity to become...
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Sell you business: Ten rules for a smooth transaction
Thinking of selling your business?
Would you like to retire? Relocate? Just want to cash out?
Before you begin, review the ten things I learned from my
experience...
1. Use common sense when hiring a lawyer.
While it's important to have an attorney review most documents,
getting your lawyer too involved may do more harm the good --
particularly if he intimidates prospective buyers.
2. Use a reputable broker
Resist the temptation to save a broker's commission by selling
yourself.
A good broker will have a large data base of prospective buyers.
Therefore, he can often sell your business for a higher price --
getting more than his commission. What's more, he can sell your
business quickly and bring years of experience that will smooth
out a million bumps and hurdles.
I was extrememly impressed with my broker. If you would like his
name and contact information, send me an e-mail at
1492@teacher.com or call me at 1-812-372-1663 -- ask for Kenny
Paul.
3. Get your financial records in order
Any reputable buyer will expect to scour your financials. Be
sure you have them in order and can answer questions as they
arise.
4. Get your legal documents in order
These include such things as contracts, supplier contracts,
staff contracts, patents, trademarks, advertising contracts, and
so on.
5. Think like a buyer
Look at your business from a buyer's perspective. See anything
that you don't
like? Make changes whenever possible. And keep in
mind that first impressions are always lasting.
6. Prepare to train the new owners
The new owners will need to become familiar with your day-to-day
operations. Before you sell, be thinking of how to train the new
owners.
7. Ask high; but sell at a fair price
Expect potential buyers to pay no more than your business is
actually worth. While you can always come down from your
original asking price, you can never go up. Consult with your
broker. (Hint: If a broker wants to charge you for an evaluation
of your business, DON'T HIRE HIM. An honest broker can calculate
a reasonable asking price by reviewing your two-year financials.
And he won't charge you a dime.)
8. Don't over-negotiate
By holding out for the very best price, you may end up losing
the sale altogether. Dragging out the negotiations benefits no
one.
9. Put everything in writing
Protect yourself and expect your buyers to protect themselves.
It's just good business to make sure essentials contracts are
written and signed. Again, a lawyers review may be in order.
Your broker will know exactly the contracts that need to be
signed.
10. Go
Hit the golf course, move to your new location, start the new
business...whatever it is you had in mind, say so long to the
business and get on with the good things in life.
About the author:
Recently went through selling process. Here's what he learned.
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| Negotiation - Wikipedia, the free encyclopedia |
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| Global Trade Negotiations Home Page |
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| Principled Negotiation |
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| Salary Negotiation and Job Offer Tutorial -- Map of the Tutorial |
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| JobStar--Salary Negotiation Strategies |
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| PON Clearinghouse |
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| :: Negotiations Affairs Department :: |
| Information on the issues, history, developments and positions regarding Palestinian-Israeli peace negotiations. |
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