Don’t Let Fear Drive The Sale of Your Business

By Service Excellence Training Don’t Let Fear Drive The Sale of Your Business
selling your home services business

If you’ve ever considered selling your business or have been approached by a buyer, you know the complicated thought process it takes to decide if it’s the right time to sell your company. Unfortunately, many business owners fall into the classic FOMO trap. The fear of missing out on this one big selling opportunity that could set you up for retirement is a pressure unlike any other. 

Luckily, Service Excellence knows some good tips to take that stress away and help you truly consider the decision before you.

Are You Ready To Sell?

Just because someone offers you money does not mean you have to sell. Remember that. If you sell your company prematurely, not only could you find yourself having to rebuild a new business from scratch, but you could miss out on all the potential of your company. 

Before you jump the gun and decide to sell, you and your business need to be entirely ready to transition to a new phase of life. One of the most common reasons business owners sell too soon is because they are afraid that another offer will not come in the future. Don’t let fear drive your sale.

There Will Be More Than One

You may feel like the offer you have received is the best and only offer you will ever get. Don’t let yourself fall into the cycle of self fulfilling prophecy. There will always be an opportunity for a company with great systems, procedures and structure to sell. Always. 

There are many reasons that your business – and any business in the home services industry – are likely to attract multiple buyers over time.

Why Is Your Home Services Business Attractive To Buyers?

Don’t panic because you think you are missing out. You actually have the bargaining chip here – there’s a reason why your business will catch the eye of buyers. The home services industry has some important qualities that make it a unique arena to sell in.

The Trades Are Recession Proof

The fact that our industry is nearly impervious to the rising and falling of the economy makes your home services business valuable. Your business is becoming more and more attractive to anyone paying attention to equity and an organization that can consistently make money.

High Value Product

Our services require highly skilled professionals to complete. Our industry can’t be replaced by technology – it will be augmented by technology, but not replaced. The bottom line is you have a great product that does not need to be marketed at the national level. Homeowners still love the local members of their communities running businesses, so there will always be a desire for small home trades companies. 

Service Excellence Consulting

Not only can we help your business grow and burn past your production goals, we also help to prepare your business for sale. Whatever your plans are for your trades business, we are here to help and advise so that you get the most out of your hard work. Check out our resources online or contact us!

What SETs Us Apart?

Proactive Business Plans

A proactive business is a successful business. That's why our team takes the time to make sure every client has a proactive, not reactive, business plan. Our strategies make your business run more smoothly and profitable.

Proven Results

Our training services help businesses identify and achieve their key performance indicators (KPIs). Whether it's increased revenue or higher satisfaction rates, our methods allow you to see immediate and continued results.

Personalized Training

Our team of experts works hard to make sure your business gets personalized training. We'll work with your team one-on-one or in group settings to set and achieve your business goals. We develop training based on your goals!

Prioritizing People

We believe that people are the most valuable asset. We strive to provide outstanding benefits, life balance, leadership, and support to our team. We believe in helping people reach their greatest level of growth, contribution and satisfaction.

Success Stories

I've increased my sales from $250,000 a year to over $400,00! This really works.

-Scott Putman, Putman Plumbing

Success Stories

Over $2,400,000 in sales my second year after training with SET!

-Chris Yanez, Selling Tech

Success Stories

I sold $18,867 on my first call after SET's Press Play for Sales event series!

-Jake Pettit, Selling Tech

Success Stories

We have been with Service Excellence Training since 2015 and believe it is an integral part (training, coaching, mentoring) to our overall business model.

-Judy Mueller-Hyde, Director of Operations
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