Does your exit plan include selling a small business? Your timing is impeccable!
John Thomason notes that it is a seller’s market, with small business owners receiving “multiple offers” and an “unprecedented number of cold calls to sell their business”. There are three great reasons to cash out now.
Less tax and regulation: A pro-business environment, mixed with the boomer generation of current business owners starting to retire, creates unprecedented opportunities.
Capacity needed: Many businesses that are running at capacity and want to grow are using acquisitions as a strategy for adding trained workers in a tight labor market.
Inexpensive financing: The cost of borrowing money is still near historic lows. But with interest rates rising, the window is closing and buyers want to lock in their acquisition borrowing now.
With over 3o years of experience and more than 800 successful closings Proforma Partners can help you with your exit plans. Contact a Proforma Partners Advisor and discuss the next steps to maximize your sale price and manage your capital gains.
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Hot Market for Small Business Mergers and Acquisition Activity
By John Thomason, July 30, 2018