THE SOONER YOUR START PLANNING YOUR EXIT STRATEGY, THE MORE LIKELY YOU ARE TO HAVE A SUCCESSFUL SALE.
As millions of baby boomer business-owners look towards retirement, the market will be flooded with businesses for sale. This increased supply could greatly effect the sale price of your business, as supply will outweigh demand. A saturated market also means that buyers can afford to be more picky since there are more options from which to choose.
As a baby boomer business-owner, now is the time to start preparing your business for sale. The sooner you start the preparation by assembling an exist strategy team, the more likely you are to have a successful sale of maximum value.
If you are thinking about selling your business in order to fund your retirement plans, please contact us for a free consultation at 215-832-3600.