- July 15, 2021
- Posted by: Stratford Team
- Category: Business
It is a seller’s market. Buyers are paying top dollar; they are willing to look beyond issues they may previously have asked to have addressed; and they’re moving quickly to close deals.
While this description applies to the real estate market in many areas, it also applies to the market for businesses. The mergers and acquisitions market roared back to life after a brief pause at the onset of the COVID-19 pandemic. Activity has generally remained at a high level with low interest rates, buyers with available money and looming tax changes pushing sellers into the market.
Even though the market favors sellers, that doesn’t mean there aren’t important questions for business owners to consider if they are looking for a buyer. Unlike the housing market, where a seller may look to maximize price and an ability for a deal to close, a business seller may stay on through an earnout period or give consideration to what will happen…