Buying or Selling a Business
[Author: Andy Goodman, INEDA President/CEO, 2013 | Keywords: Business, Operations, Acquisition] Over the past 12 years, I have consulted with many dealers considering buying or selling dealerships. Most sellers don’t think about selling until retirement or when business is on the downslide. The best time to sell a business, however, is when someone wants to buy it – usually when the economy is strong and the business is profitable and at its peak. While it may seem strange to sell a profitable business, this remains the most opportune time – especially when selling the business is your long-term goal. Whether you… Read More »