“Some business owners plan to sell when they reach a milestone age like 55 or 65. But planning to sell at a particular age means you aren’t planning to sell when your business is worth the most.
We’ve seen many business owners hold out for “one more year” right into a recession. Instead of going out on a high note, when the business value would have fully funded all their retirement goals, now they’re faced with selling during a down market or holding on for several more years than intended.
Time the market, not your age, to get the best value.”
