May 26— The unprecedented economic circumstances stemming from the COVID-19 pandemic are only beginning to be understood and will likely be felt for some time. What should be the primary focus for business owners who are thinking about a transition plan and whether to reopen or sell? National Director, Business Value Strategies, Stuart Smith, shares that liquidity should be the main area of focus as the livelihood of the business, and while the business may be stable, any thoughts of exiting in the near or medium term are almost certainly on hold. Why? Because while successful M&A transactions may have numerous ingredients, two are essential: willing buyers and available financing.
Please read Stuart’s article, The COVID-19 Impact on Business Transition.
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