Business Owner's Outlook: Is Now the Time to Sell?

In a survey of 1,000 owners of privately held businesses across the United States, there was a focus on owners’ attitudes toward transitioning their businesses in light of their perceptions of macroeconomic and political conditions. The topic is especially pertinent as Baby Boomers—who own about four million companies—enter retirement age. In this environment, the competition for buyers or investors is likely to be intense, and those business owners who have begun preparing for transition early and have a holistic plan in place will be best positioned for success.