Selling A Business ARTICLE: A Time to Sell? Click to download a copy of this article >>
With the economy in the midst of a significant recession many private business owners are waiting to sell; however pending increases in the long-term capital gains tax rate may point to an earlier exit.
By David Kidd, Managing Partner - Adirondack Growth Capital When is the right time to sell? Selling your business is a major decision! You have devoted your time, money, and energy to building, running, and operating your business. It may well represent your life's work. You may have already decided that now is the right time to sell, and you want the very best professional guidance you can get. This is when working in tandem with a professional business broker can make the difference between just getting rid of the business and selling it for the very best price and terms! If you've gone this far, then selling your business has aroused enough curiosity that you are taking the first step. You don't have to make a commitment at this point; you are just getting informed about what is necessary to successfully sell your business. This section should answer a lot of your questions and help you through the maze of the process itself. |