• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Promotivia

Ideas. Innovation. Excellence.

  • Home
  • Topics
    • Family
    • Furniture
    • Health
    • Education
    • Pet Care
    • Construction
    • Marketing
    • Technology
    • Transportation
  • Ask a Question
  • Contact Us

Dealing with the Emotional Component of Selling an Ambulance Business

Last updated on November 1, 2010 by Sozo Staff Leave a Comment

Business owners can feel indifferent about selling their ambulance businesses until they are staring at a full asking price offer from a buyer. It is at that point that letting go of the legacy they have built through their ambulance business becomes intensely “real” and unbelievably emotional. Not being prepared for this wave of confusing emotion in the final stages of a sale can lead to owners sabotaging their own dream deal.

All ambulance business owners are forced to deal with this reality. I think ambulance business owners are particularly vulnerable to the affects of it because of the immense sacrifices that are made along the way of building a successful ambulance business. So, how can owners deal with the emotional component of selling their ambulance business? Here are three suggestions.

Recognize upfront that this is going to be an issue throughout the sale process and especially towards the end of the sale.

If you are not surprised by the emotional distractions of selling your ambulance business, there is less chance that they will prevent you from accomplishing your transaction goals. The key is to focus intently on what the sale of your business will allow you to accomplish in the future—not what it has done for you or what you have done for it in the past. If selling is going to allow you more time with your grandkids, place a picture of your grandkids or letters from your grandkids close by throughout the process. Simple methods like this can allow you to keep focused and prevent powerful, emotional surprises from disrupting the process late in the game.

Surround yourself with professionals who can help guide you through this emotional process and protect you from yourself.

In a sale this week, my client became overcome with emotion. In response to his fear and emotional confusion, he attempted to sabotage a deal by demanding something from the buyer that was far beyond the agreed deal points. He knew the existing deal on the table was more than fair. In fact, it was full asking price cash offer. Luckily, he had an experienced professional prepared to help hold his hand through the process and to protect him from himself.

Consider the emotional impact of letting go of your business when choosing your buyer.

Recognizing that going through with your business sale will likely be an emotional challenge to overcome, choose a buyer that will make the decision easier for you. Choosing a buyer that is like minded and that will be a good trustee of the legacy you have created through your ambulance business will be an important part of controlling the emotional component of the sale. Selling to someone you do not like or do not trust will only accentuate emotional confusion at the closing table.

The more prepared you are to deal with the emotional component of selling your ambulance business, the more likely you will have a seamless ambulance business sale and rewarding transition to the next chapter of your life.

Filed Under: Transportation

Additional Articles

Are Car DVD Players a Distraction to the Driver?

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

3 × 4 =

Primary Sidebar

Jackrabbit Class Software

Popular Articles

  • Expandable Children's Furniture at The Bedroom Source
  • African Mahogany Lumber vs Genuine Mahogany Lumber
  • The City Way: Taking Your Child’s Bed to the Next Level with Maxtrix!
  • Perfect Furniture for a Boy's Bedroom, Pt 1
  • Perfect Furniture for a Boy's Bedroom, Pt 2
  • How Do You Treat Reactive Attachment Disorder?
  • Ultra-Budget-Friendly Swimming Pool Upgrades
  • Why Sleep Is Important for Young Athletes
  • Why Parents Love Jackrabbit Class Management Software
Swimming pools

Recent Articles

  • Good News: These Three Problems Aren’t RWIs
  • Nuts & Bolts of Priority Enrollment for Your Swim School
  • The Sun, Your Swimming Pool & Your Skin, Part 4
  • The Sun, Your Swimming Pool & Your Skin, Part 3
  • The Sun, Your Swimming Pool & Your Skin, Part 2
  • The Sun, Your Swimming Pool & Your Skin, Part 1
  • Teaching Your Child To Swim: The Four Basic Strokes, Part 4
  • Teaching Your Child To Swim: The Four Basic Strokes, Part 3
  • X10 XX62A Outdoor Wireless Camera Offers Accuracy & Convenience, Part 2
  • X10 XX62A Outdoor Wireless Camera Offers Accuracy & Convenience, Part 1
Home automation with X10

Recent Comments

  • Aika on Can Bedroom Furniture Help Your Child’s Mood & Academic Performance?
  • WAYNE Prokosch on It’s an Ipe Thing
  • Amanda Drew on The Wood Drying Process
  • Hannah on Quality Western Redcedar Lumber
  • Hannah on Is Ipe Decking Lumber Right for You?
  • Sheryl on Quality Western Redcedar Lumber

Copyright © 2021 Sozo Firm Inc · Privacy Policy · Disclaimer · Sitemap