Valuable Lessons > Family Succession
There’s no doubt that many business owners may want to exit their business to their children one day, however, what we’ve noticed at Buy and Sell a Business (especially in the micro market - businesses with a valuation of less than $5mm) is that most children don’t want to carry on the family business.
What is ROAS?
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5 Questions to Ask Yourself When Selling a Business
In the next 10 years 72% of Small Medium Enterprises plan to exit, 48% plan to sell to 3rd parties, therefore, competition will be fierce and competition will be putting downward pressure on valuations. The only way to battle this is to prepare, plan and ensure you’re building not only a “valuable” business but a “sellable” business.