December 21, 2018…
As we pause this time of year to reflect, I am delighted that so many deserving shop owners in 2018 were able to maximize the sale price of their businesses to provide them the type of retirement of which they have always dreamed. I am especially gratified to hear from former owners who embarked on world travel and were enjoying more precious time with their children and grandchildren.
With a solid economy, positive changes in Bank/SBA lending and reductions in Uncle Sam’s share of the pie, I expect that by holiday time next year, many shop owners will have taken the leap to finally cash in their chips and set their sights on retirement or a new business venture.
Is finding out what your business is worth on your New Year’s
resolution list for 2019? If so, ask for a free opinion on the most likely
selling price. As an experienced Certified Business Intermediary, I can help
you take the big leap into a new lifestyle if you are considering a transition
out of your business.
Wishing you all the best,