Tip #188: Timing Can Make a Big Difference

tip 188When is the right time to sell a business? There are many factors, which can include health and/or energy level of the owner, market demand for its products and services, record of profitability and competition, and more. And it is easy for business owners to have their own view. But it’s important to get outside advice to help to understand what is currently going in the marketplace. It is recommended that business owners talk to a business broker or mergers and acquisitions advisor to get that input to make sure they can get top dollar when it’s time to go to market.