Why Now May be the Right Time to Sell Your Business

Selling a business is a calculated, and often very personal, decision many owners make. Some consider selling due to the lack of a solid succession plan, an unclear path to continued success or a desire to spend time elsewhere. Regardless of why, the ultimate consideration is often around timing and potential valuation. You could be asking yourself, “Is now the right time? ”The pandemic and resulting economic turbulence of the past few years may make you hesitant for a business sale and exit, but there are viable reasons to consider it at the present time.