5 Tips for Successful Buying or Selling a Business from Experts
Older European anda Americans are selling their businesses, and younger ones interested in growing their own can buy them - but both sides should work to avoid major pitfalls in the transactions, experts say. In fact while 2022 might not be the banner year for merger and acquisition activity that 2021 was, it is still an active market for buying and selling businesses. The owners can take advantage of this generational transfer to start or grow their own business. Prospective owners looking to acquire need to know what they lack. Do they need more employees? That could lead them to a fully staffed business whose employees can come with an acquisition. Or does the business want more customers? For business owners looking to sell, it means figuring out how the business will run without them, and making sure it runs smoothly if they sell it. That's one of the problems that we solve, transitioning these owners who are heavily involved in these businesses and transitioning them from a
