When Is The Best Time To Sell A Business?

"A friend of my son recently asked me an interesting question. He wanted to know when is the best time to get married. At 16 years old, I know he was just asking me one of those crazy questions that popped into his mind (at least I hope he was) so I quickly responded that you will know when the time is right to pop the question. And then I told him that he has a long time to worry about marriage and he should focus on things that are a lot more important in his life today such football and his studies.

This brief conversation got me thinking about the sale of businesses and when is the best time for an owner to sell.

Owners sell their business for a host of different reasons. Some sell because of personal reasons such as change in health or a death in the family. Others sell because market conditions are impacting the performance of their business. Some owners may no longer want to make the necessary investments into their business to remain competitive. Reasons behind a sale vary greatly from owner to owner and they don’t necessarily coincide with the ideal time-frame for an owner to sell the business."

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When Is The Best Time To Sell A Business?:

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.