- July 26, 2021
- Posted by: Stratford Team
- Category: Business
Is This The Right Time To Sell Your Business?
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After a challenging year, many business owners are calling it quits in 2021, but not for the reasons you may think. A surging economy, the prospect for rising taxes, and buyers flush with cash have created a perfect storm scenario for business owners looking to sell.
Competition for deals continues to grow
A growing number of buyers with cash on the sidelines has created significant opportunities for business owners ready to sell. According to a recent industry report, while the pace of recovery has varied among companies and sectors, and some have faced fundamental changes as a result of the health crisis, U.S. deal volume and value overall are up from 2020, with 2021 deal volume expected to outpace last year.
While demand among buyers continued to grow throughout the pandemic, supply remained relatively low. Many owners of businesses that were adversely impacted by the pandemic were…
