"Phew, the economy is finally starting to pick up, as is the enthusiasm of business owners to sell up - and what a mess some will make of it. Is the time even right?
People can spend a lifetime building up their enterprise but turn the selling of it into an abject failure. The temptation for many to think that having weathered the recession now is the time to move on is high.
But the truth is that a business has to be prepared for sale, not simply put up for it when the owner decides, and the strength of the wider economy is not the only factor to take into account.
An owner needs to answer this question: Why now? For many the calculation is more complex than retirement. Often it is to do with seeing a new horizon for the firm, one that needs fresh money and fresh thinking."
Read more at:
Recession Over - Time to Sell Your Business? | Fiona Hotston Moore:
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.
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