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How Long Does It Take to Sell Your Business in 2021 ?

机译:How Long Does It Take to Sell Your Business in 2021 ?

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摘要

As part of celebrating our 15th year in business,we posted 15 articles I had written over the last several years.The number one article opened of the 15 was titled"How Long Does It Take to Sell Your Business."When I saw this,I was concerned.I wrote that article over seven years ago and the financial and transaction world had changed,especially this year.As a result,I want to let readers know the new reality in the timing of selling your business.Transactions are taking longer,at least in our industry,and mere are several reasons.The most obvious are COVID-related delays.When Covid first put the brakes on businesses,we had several transactions delayed for 6-8 weeks because no one was sure what was going to happen and the risk of completing an acquisition and having all the employees out sick,was too great to not delay.

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