This article discusses how the mergers and acquisitions (M&A) market is impacting the decision of business owners to sell their companies. It explains why business owners should resist the urge to rush and unload their companies. Selling a company involves a complex process and should not be done in a messy slapdash manner. It is important to have assistance from competent legal counsel when engaging in a sale of a company. People should also get help from a skilled professional banker. Selling any business from a large company to a small or mid-sized family company is not an easy task. It requires careful planning and getting the assistance of the right sort of professionals. People should not rush into the process and should instead put careful thought and planning into the process.
See Robert Teitelman, How Not to Sell Your Company, Barron’s, April 5, 2016.
Special thanks to Jim Hillhouse for bringing this article to my attention.
