- June 25, 2021
- Posted by: Stratford Team
- Category: Business
Coming out of the pandemic, the mergers and acquisitions space is sizzling. So, is it time to sell your business?
“There’s a lot of activity in the market right now,” says Jim Afinowich, founding principal and designated broker at IBG/Fox & Fin. “There’s a lot of pent up demand from buyers who couldn’t buy anything during the pandemic. Before the pandemic, there was $1.5 trillion in private equity looking for investments. Today, there’s more than $2 trillion. So it’s a sellers’ market.”
If you’re a business owner, how do you know if the time is right to take advantage of a sellers’ market that is flush with cash and sell your business?
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Afinowich says there are three indicators that it’s time to sell:
• The market is ready
• The business is ready
• The owner is ready
The market is ready to sell business
Afinowich says a business’ value falls into a…
