We are all living in a very different world than just a few short weeks ago. The recent volatility and declines in the public markets, coupled with the anticipated federal stimulus packages, doesn’t give business owners much to feel good about right now. However, we learned from the 2008 downturn that this period of time will be a significant focus area for buyers years after this is all behind us and presents a handful of opportunities that private business owners can take advantage of to put themselves in the best possible position when the time comes to pursue a transaction.
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It is one of the most frequently asked questions we get from business owners. “When should I start thinking about selling my business?” The short answer is as soon as you start asking that question. It doesn’t mean that you rush to sell.
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