Selling Your Business: The Seven-Year Itch

For a lot of reasons, successful companies between four and eight years post-startup end up selling. Call it the seven-year itch: by that point, in a study of 342 privately held acquisitions, half the companies had sold. You know the reasons:

1. Buyers come calling – both strategic and financial – once you’ve demonstrated business success.

2. Financial backers desire a liquidity event.

3. Some founder/entrepreneurs, possessed of self-knowledge, recognize their strength is in the earlier stages of building a company, and prefer to move on and start something new.

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Selling Your Business: The Seven-Year Itch:

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.