Timing is critical when it comes to exiting a business. As an entrepreneur, it’s easy to think about selling your business when things are tough and in a downturn, but that’s not the right time. The value of your business is the highest when it’s booming and everything is firing on all cylinders. In a recent call with my client, Bob, he thanked me for my feedback on waiting to sell his business, and now his business is booming.

When people call us, they’re usually in a tough spot, and their business is in a downturn. However, waiting for the right time to sell your business is essential. Out of every hundred calls we get, 80% are from people wanting to sell their business when it’s in a downturn. Remember that timing is everything when you’re trying to exit.

If you want to learn more about timing and selling your business, don’t hesitate to reach out to us by phone, email, or on our website. We look forward to speaking with you.