Pest Management Professional, September 2012
ADVERTORIAL Fred Murray Senior Director of Business Development Five Reasons You Should Consider Selling Your Business hoosing to sell your business is a difficult decision to face alone The considerations can seem daunting at first glance C Preparing the data determining fair value balancing concern for customers and employees weighing tax consequences theres a lot to think about Here are five reasons you should consider your options thoroughly 1 The economic downturn has reached historic levels and continues to be challenging 2 Business loan defaults have caused tighter restrictions for loans and credit lines 3 Operating costs are constantly rising combined with uncertainty driven by Washington resulting in endless worries and sleepless nights 4 The right sale can create new career opportunities for both you and your employees 5 You deserve a reward for years of truly hard work and the peace of mind of knowing your customers are being treated respectfully Terminix is now looking for top notch companies to join our family With our vast experience in acquiring pest control companies we promise a fair value and a smooth transition We can assist with your exit plan Let Terminix be your solution Smart Tips to Get Your Business in Shape to Sell elling a business can be time consuming and complicated however you can speed up and simplify the process Here are some smart tips to prepare your business for sale S Detail revenue and customers for the past 3 years by service line pest termite other and by type recurring versus one time Organize customer files by service line and sort by active and inactive Calculate annual retention rates of your customers for each service line Verify average customer pricing by service line and frequency Understand your outstanding loans or credit lines and what assets are pledged as collateral Determine the customer reports that can be produced and exported from your system Ensure that all taxes are current and appropriate returns filed Settle any pending claims against your business If youre ready to sell or if you have questions regarding the process give Terminix a call for a private discussion Your retirement your business your customers your people weve got you covered For confidential inquiries contact Fred Murray at 1 855 864 5685 or fmurray@ terminix com M12 September 2012 Pest Management Professional www mypmp net
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