Selling a Business – Tips to Advertise a Business For Sale Successfully

Anticipate a buyer search criteria and categorise your business accordingly

It is important to file your business for sale advertisement in such a way that it grabs the attention of the maximum number of relevant business buyers. The more types you file your business under, the better your exposure will be.

If you are selling a pub that serves food, for instance, it is worth filing the business under not just ‘pubs’, but also ‘pubs and hotel property’, ‘restaurants’, ‘taverns’ and ‘bars’, as your likely purchasers will be searching for a business for sale under all or some of these categories.

It is also worth including key information such as the postcode, street or town where your business is located in your description text, so that any business buyer using the keyword search facility will find your business in their search results.

Honest figures will help your business to sell

In order to sell your business successfully, it is vital that you give your potential buyers a sensible indication of the kind of living they can expect to earn from the business. New business buyers aren’t just relocating from a street or village that they are familiar with; in most cases they are also walking away from the financial security of a monthly paycheck to become their own employers. This constitutes a daunting step into the unknown for a lot of people, and the more data you can reassure them with in your advertisement, the better your response levels will be.

You can include the turnover, gross profit and/or net profit figures on a weekly, monthly or daily basis with an advertisement, and it’s advisable to include at least one of these figures as a bare minimum if you can. Other figures that are worth mentioning in your advertisement are footfall / shop frontage (if it is a retail business), traffic levels (if it is an online business), demographics on the local economy (if it is a service-led business) and lease length / rent review dates (if it is a commercial property).

Your figures may be highly confidential, in which case it is perfectly acceptable to write ‘turnover and profit figures available on request’; The most important thing to do is to acknowledge the figures in your advertisement; if you don’t, it can look suspicious or unprofessional, and it can stop potential buyers from taking you seriously and enquiring about your business for sale.

Pricing your business for sale :

To get your business to sell quickly, it is important to price your business sensibly. An overly ambitious asking price might feel like a safe place to negotiate down from, but if you price your business too high, your potential buyers might not come across your advertisement in their search, as it will fall outside of their price range. If you price the business at a value lower than you are prepared to accept, you could find yourself inundated with buyers who you are not prepared to sell to, wasting your time and theirs. Remember that the price at which your business is sold is ultimately dictated by your acceptance – or refusal – of an offer; at the initial stages, your priority is to generate as much valid interest as you possibly can in your business for sale.

Take a look at comparable businesses for sale on websites listing businesses for sale and pick an asking price that is in line with what looks to be current market values. If you are unsure of what your business is worth, you can get a free business valuation from business agents or websites advertising businesses for sale.

Choose business-related photos that help your business to sell

Your existing promotional material may be remarkably effective at bringing customers through your doors, but you are dealing with a very different target market when you are selling a business. The business itself is now the product, and your ‘customers’ in this case will be looking for signs of prosperity, security and success. For instance, a photo taken inside your premises at peak times showing a busy shop floor will give potential purchasers more incentive to enquire than a beautifully-crafted logo on its own. Try to take photos that show off the passing trade and ‘bustle’ of your business.

Choose the right place to advertise your business for sale

Advertising your business for sale online is a great way to get maximum exposure. The price to advertise online is also less expensive than on print newspapers and magazines.

Advertising Any Business Offline With Business Cards And Fliers

If you’re promoting any online business with out utilizing business cards then you are doing yourself a disservice of fairly significant proportions. It really is an easy comfortable way to communicate with your potential leads. It is also very cheap in comparison to other methods. It doesn’t take a great deal of effort to distribute you business cards. You can give them out to just about anyone you come across. Most people are agreeable to taking and reading a business card if it is just handed to them. Also, you can leave them in conspicuous places where peoples natural curiosity will cause them to pick one up and take it with them.

What are some of the resourceful ways you can get busy with business cards? Well one creative method though not to pleasant to talk about is to leave them in public rest rooms. I leave a few anytime I am in one. In my own business Infinity Downline I find activity to my sales funnel following such placements. You can also leave your business cards in book stores in magazines or books that have to do with the nature of your business. You can leave business cards in cafes and eateries under the salt shakers or such where patrons following you can find them. Or you can leave one with your tip to give to your server if you think your business has appeal to them.

Another good method I like are drive throughs. Think about all of the drive throughs you zip through. You have fast food restaurants, banking institutions ATMs to name a few usually busy situations where people drive through in their vehicles. What you can do is place a couple of your business cards where they can be discovered by the next few people behind you. I have never found yet a drive through where you can’t locate a slot, crack, nook or recess to secretly leave some business cards in.

These two preceding methods if you think about it requires no extra time in your schedule or activities than what you are already doing. All advertising is, whether it be online or offline is communication. If you do these easy methods methodically and every time, it can add up to hundreds if not thousands of eyeballs looking at your business per year from no more effort than what you are already doing. If you have your business websites URL on your card this can create another easy stream of traffic to your website.

Sometimes with business cards rather than putting information on them about my business I put a small appealing contextual ad on them instead. This is designed to get a person curious enough to check out my website later when they are at their computer. On these kind of business card ads I usually only list my business websites URL anyway so if they are curious they have to go online to my website to find out about what it is I am marketing.

I typically like to generate a sense of urgency with my text ad in who ever is looking at my cards. This is accomplished by stating there is a bonus listed on my website that is soon expiring. This lets them know they had better visit my site soon before it is too late and they lose the chance to get my bonus. Often people will visit just to satisfy their curiosity and find out what the bonus is all about if nothing else.

Another thing I do with my business that can be applied to any business is to promote it with colorful or black and white fliers, or circulars as they are sometimes called. These fliers can be placed in local businesses that have bulletin boards. You may need to get permission from the owner first though. If you have any doubt you should definitely ask them before tacking them up. If they do not want them their, they will just throw them a way, and that can be a waste of your time and money.

Often local business establishments have their bulletin boards located right in the entry way of the store and are usually open to the general public. You see all manner of ads from people from furniture sales to home based businesses. Walmart use to have public bulletin boards here in Oklahoma, but they ceased the practice and now entry store boards are only utilized by them and not open to use by the public.

Occasionally businesses have display boards that are only their for their local patrons business cards. Old fashioned Mom and Pop cafes are famous for this practice and these types of boards are usually smaller than the typical bulletin board and are plastered with local businesses business cards. They are usually placed near the cash register where people can look at them while they are waiting to pay their bill.

You can if you have enough aggressive boldness, personally hand out your fliers in community areas like busy city sidewalks. This is effective when large groups of people are using the sidewalks in their daily activities. To give you a good example of this, think of how many movies you have seen depicting hoards of people all transversing the avenue sidewalks of New York City. You could probably pass out a thousand in an hour with hardly any walking on your part just letting people pass you by and handing them one.

A great deal of your evening night clubs and popular bars have bulletin boards as well. These are usually good places to place your fliers. If you are one of the bars patrons and frequent it often, you can do some low key networking as well while you’re out having a good time. Word of mouth is still a very effective low cost offline method to communicate your business. In a social situation it can be done in a manner that generates curiosity and questions where you do not have to chase a person to tell them about your business. People are naturally curious about what other people do for a living so the nature of your business can easily come up in a conversation.

While on the topic of mixing it up socially. College students are notorious for getting out and about with their friends and meeting new people. A great number of college students have a social networks that transverse their personal sphere of influence many times over. Another thing in relation to college campuses is that there are many many bulletin boards to be found on them. In my area the University of Oklahoma is prevalent and they have bulletin boards not only inside in most buildings but outside on public walk ways too. An additional tip, you can add little tear off strips at the bottom of your fliers that each contain your contact info, whether that be a phone number, email address or the URL of your website.

By the way if you are going to use a phone number as your contact, you might consider using a voice mail that is toll free to your prospect. In this method you can have an outgoing promotional message of 2 or 3 minutes in duration that is really there just to garner interest in your business and to possibly elicit to your prospect into leaving their own contact details where you can call them back. This is a good way to pre-sell your business where you do not have to waste time doing it live over the phone.

If you choose to do a toll free voice mail make sure you include a call to action for your prospect to leave their name and phone number as often they won’t unless asked or told to. Then you want to call them back as soon as you can. In this way you might catch them before their enthusiasm has started to fade and it may be you find when you call them you have a new customer to your business. Or in my case a new member to my affiliate business.

Importance of Small Business Marketing Tips

Small business marketing tips are there to lend a more supportive back up to a low scale business. Through these, a very effective promotional strategy can be designed to lift up the image of a specific small business. These tips can be acquired through various internet websites and news letters. These guidelines are also available in form of books.

Small business usually suffers under many restraints that create a barrier for its success. These tips tend to counter all such factors by suggesting an alternate business strategy. Factors like meager budget and deficient basic resources are the ones affecting the quality of a business. Marketing tips help to combat such factors by offering the strategies to get the most out of the prevailing situation.

To improve and enhance the business image is the primary focus of small business marketing tips. They impart informative and practical ideas for capturing the customers’ attention. Different sort of business strategies, techniques and plans can be sketched out to market and promote that specific business in a far more effective manner. These tips stress upon the employment of suitable business resources and materials for an improved marketing business.

The noticeable image of the product for its targeted customers is another aspect where these tips prove to be very beneficial. It focuses on an enhanced visibility of the brand through various mediums like newsletters and business postings etc.

Other marketing strategies like affiliate marketing or mailing out are also offered through the implication of such tips. Small business tips are there to make the best possible use of the prevailing conditions by offering alternative marketing procedures under the constraint of various factors.

The ABC’s of Advertising Your Business

Without some form of advertising, your business will not do very well. Advertising your business is the best way to tell people you are open and this is what you offer. No matter what type of business you run, it’s something you should always do. There are ways to advertise every type of business possible. Whether you are strictly online or you do both online and offline with your business, it’s a must.

There are so many avenues you can take when it comes to advertising online and offline. Each of which has their own types that they offer. Some cost more than others, but they won’t work if you don’t try them out first.

Here are some tips that will help you advertise your business.

A – Advertising is important when you own a business.
B – Buttons and banners are good online techniques.
C – Create a website to send other to when they read your ads.
D – Don’t give up on your advertising, it will take time.
E – Everyone likes a freebie. Include your card when you use this option.
F – Flyers work well when you want to advertise during a parade.
G – Goodie bags are good way to reach out to moms and others.
H – Have a business card with you at all times.
I – Include your website in your email signature line.
J – Joking has no place in your campaign.
K – Kind words will go further in your ad.
L – Lucrative income won’t come from one advertisement.
M – Make sure you network often.
N – Newsletters are a great form of advertising.
O – Offer a discount if they mention your campaign.
P – Post cards work well for direct mail ad options.
Q – Quick reads are good for ads.
R – Remember to always include your website in your advertisement.
S – Solo ads are perfect for almost any business.
T – Think about your target market when you advertise.
U – Use a contest to advertise your specials.
V – Victory is yours when you don’t give up on your ad.
W – Wording is everything when it comes to your ad.
X – Xpress the love you have for your business and others will want to know more.
Y – Your choice of words can make or break the success of your ad.
Z – Zero ads will get you nowhere in business.

Some of the tips above are free while others will require some money. Just because they are free doesn’t mean they won’t work, so make sure you don’t skip over those. Sometimes the free ads are the ones that work the best. That is not always the case, but it does happen.

One thing to remember is you don’t want to try to implement all of these at one time. Pick up three or four and give them a try. You need to be consistent and use the same types of ads for a while before you decide it’s not working and move on to something else. Try it for at least a month or two before you change.

If you want to grow your business or advantage to the next level, you must show more people what you have to offer. One of the easiest ways to make this happen is to use advertising.