Business Seller Tip — Best Time to Sell a Business

The best time to sell your business is when it is right for you. Top reasons to sell include retirement, burn-out, career change, moving, divorce, family issues and partnership issues. No one really knows whether the next month or year will be better, the same, or worse than now. There will always be buyers looking for good businesses.

Business BuyerTip — Best Time to Buy a Business

The best time to buy a business is when it is right for you. Top reasons to buy include expanding a business, unemployment, changing careers, buying a job, employing family members, taking control and better work-life balance. No one really knows whether the next month or year will be better, the same, or worse than now. There will always be good businesses to buy.

Business Broker Tip — Best Time to Sell Businesses

Our profession always needs energetic and competent new people. Business Brokerage is never easy. Critical success factors include energy, discipline and sales skills. New Business Brokers should spend at least 30% of their time trying to talk to business owners.

Alan Lippincott is a business broker and BestSoCal owner who welcomes calls to (877) 420-6478 and Email Inquiries.  His comments should be regarded as general in nature and not taken as advice without a personal consultation and signed agreement.