The often-used mantra to describe valuable real estate is location, location, location. When selling a business, the mantra is timing, timing, timing. Understanding the times to buy and sell can be critical to your exiting success and post-exit lifestyle.
The last recession had a negative impact on many businesses. In 2008 most business owners were in survival mode and concerned about the future sustainability of their company. For now the storm appears to have passed, and everyone seems cautiously optimistic.