June 29, 2021—For many family business owners, the company they developed and grew over the years has shaped their identities, given them purpose, and may have been the catalyst for keeping their families together. Following the sale of a family business, some may feel a sense of loss and perhaps even regret, unsure about what to do next.
May 14, 2021—Smart entrepreneurs leave little to chance when selling a business. Rather, they arm themselves for “battle” with experienced M&A team members, an in-depth knowledge of the marketplace, and savvy negotiation tactics.
Our 2Q 2021 Business Owners’ Outlook reveals increased trend to sell. Nearly a year into the COVID-19 pandemic that has devastated our country and economy, business owners are feeling the effects—for better or worse—and taking action. Many business owners are experiencing burnout and exhaustion, resulting in a high percentage moving to retire earlier or looking to sell their companies.