Thinking About Selling Your Business?

Are You Thinking About Selling Your Business?

 

 

There are many reasons to consider selling your business. Most of the reasons are great ones and, in certain circumstances, there could be some not so great ones. 

First – here are some great reasons to consider selling your business:

  • Valuations are at all time highs
  • Giant tax changes could be coming our way
  • Interest rates are at historic lows – which means buyers have easier access to capital
  • COVID…
  • Maybe you are tired of running your business and trying to grow it
  • Retirement
  • Inflation

 

Business valuations have now kicked out a lot of the negative affect that COVID had on business earnings in 2020. However, you shouldn’t wait for valuations to drop again as they are approaching highs that we haven’t seen in nearly a decade and may not see for many more years after these drop.

 

 

If most business owners wait 4 years to sell, they may need to double their net profit just to keep pace with the impact of higher taxes on their sale proceeds.

If you can’t guarantee you’ll double your earnings in a sustainable way, the time to sell is now. Don’t wait.

 

And – Then there’s this COVID madness that comes and goes in waves. No one can predict if / when it will end, or what impact it may have on our economy.

 

  • Vendors have taken advantage of the “COVID” backorders and delivery delays
  • Freight and Supply Chains are disrupted
  • Businesses in many areas are being overtaken by large competitors
  • Once-Loyal customers are leaving or finding new sources of products and services
  • The government spending spree is out of control
  • E-Commerce is taking over brick and mortar

You have the unique, though not great, circumstance of trying to sell your business during one of the most uncertain times our country has ever faced.

The good news is, we are still selling businesses – many more than in previous years in fact!

Many business owners are tired of the madness, so they sell to larger competitors.

Some of our clients are taking advantage of the historically high valuations and retiring early.

Don’t be like most business owners and wait until “the right time,” because as we’ve experienced, that “time” may never come – the right time was yesterday.

So, if you are considering selling your business, our advice is to do so now while valuations are still high, while money is cheap to borrow, before your marketplace is demolished by inflation and before taxes rise to all time highs for capital gains.

 

Or, you can wait it out and see what happens… your choice.

 

If you choose to sell – we will help you get the most attention possible from the right buyers, and now is the right time.

 

We encourage you to get a no obligation valuation estimate – we have updated our online valuator to account for what is going on today, you may be surprised at the value you can get.

Take that here:

GET YOUR VALUE ESTIMATE

Then – book a call with our advisors to go over the next steps:

BOOK YOUR CALL

 

__________________________________________________________________________

 

About IAG

IAG M&A Advisors is a business intermediary consulting firm, facilitating the buying & selling of businesses. With over 100 years of combined experience, the IAG team has been a leader in the industry by helping the owners of privately held companies “cash in” on all their hard work and get the best payoff possible.

We are here for you if you have questions about selling, and ready to help you get started when you are ready.

 

 

YOU CAN GET A FREE ESTIMATE OF VALUE –

While this will not substitute for a professional, detailed valuation – this online tool can help you see an estimate of what your business could be worth in the market –

 GET YOUR ESTIMATE OF VALUE HERE

 

 

DOWNLOAD OUR E-BOOKS

We have all new e-books and resources for you – yours free!

Secrets To Selling E-Book

Freedom Guide Planning E-Book

Rich or Famous E-Book

 

READY TO GET STARTED?

There are many aspects to consider when selling your business, make sure you have every part covered by signing up with IAG today!

Tagged under: