Is 2011 the year to sell your business?

Is 2011 the year to sell your business? Well, 2011 will be a better selling environment than the last few years for at least four reasons.

• Debt lending is warming up.
• Private equity groups have considerable cash on hand.
• Extended cpaital gains tax savings.
• In most sectors good businesses are becoming harder to find.

So is it time for you to sell? When do you want to retire? Is your health intact? Are you ready to try something new in your personal or work life? Do you have a exit plan? Are you worried about the prolonged soft economy or the threat of new regulation worrying you?

Just holding on is never the right answer. You may want to consider a couple questions:

• Is your business revenue and owner benefit still strong and/or growing?
• Is your plan to sell your business within the next 5 years?

If you answered yes to these two questions, then 2011 is definitely the year to start your plan to exit. Many business owners choose to wait on selling their business only to find that the business has become less attractive to buyers or the market has passed them by. Let me help you decide if 2011 is the right year to sell.

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at eric@buysellswflbiz.com or 800-599-0503. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.