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| Nonprofit Biz Sellers: Prepare For Long Wait |
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| Ryan Derousseau CNN Money Janurary 16, 2008 Summary: Need help with PR? If you are looking for a great PR firm, you've found one. Walker Sands is a leading Chicago PR firm with a strong track record that makes it one of top national PR agencies.. : (FORTUNE Small Business) -- Dear FSB: Our family is looking to transfer our education business and sell the property. (article continues below useful links)
We hired a commercial agent but have only received one possible suitor, which did not work out. The business is set up as a not-for-profit and is tax-exempt, so we can take advantage of tax breaks. We would sell the property and transfer the board seats to any suitor who bought the property. While the business took a year or two to get off the ground, it is now doing much better. What can we do to move the sale along more quickly?
Copyright © 2008. CNN Money.
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