Is Now the Time to Sell?
By: Wilmington Trust, a wholly owned subsidiary of M&T Bank Corporation
The Business Owners Outlook is a quarterly survey that explores business owners’ concerns and outlooks on themes that are most important to them.
- In this issue, “Is Now the Time to Sell?” survey respondents share their attitudes toward transitioning their business in light of their perceptions of macroeconomic and political conditions
- The survey found that the majority of business owners are personally unprepared to transition their business, and many say that their business is not ready to be sold
- This suggests that many business owners consider themselves to be invulnerable to the many risks of not having a transition plan in place, including market volatility, an economic downturn, needing to transition their business earlier than expected, and increased competition for buyers and investors
- In our experience, planning early is planning well. When business owners plan as if they are going to sell the business tomorrow, even if the event is years away, they have a much higher likelihood of a positive outcome
This Outlook is for educational purposes only and is not intended as an offer or solicitation for the sale of any financial product or service or as a determination that any investment strategy is suitable for a specific investor. It is not designed or intended to provide financial, tax, legal, accounting, estate planning, or other professional advice since such advice always requires consideration of individual circumstances. If professional advice is needed, the services of a professional advisor should be sought. There is no assurance that any investment, financial or estate planning strategy will be successful. Investing involves risks and you may incur a profit or a loss.
Wilmington Trust is a registered service mark, used in connection with various fiduciary and non-fiduciary services, including trustee, custodial, agency, investment management, and other services, offered to trust, individual, and institutional clients by certain subsidiaries and affiliates of Wilmington Trust Corporation. Such subsidiaries and affiliates include, but are not limited to, Manufacturers & Traders Trust Company (M&T Bank), Wilmington Trust Company (operating in Delaware only), Wilmington Trust, N.A., Wilmington Trust Investment Advisors, Inc., Wilmington Funds Management Corporation, and Wilmington Trust Investment Management, LLC. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation. International corporate and institutional services are offered through Wilmington Trust Corporation’s international affiliates. Loans, credit cards, retail and business deposits, and other business and personal banking services and products are offered by M&T Bank, member FDIC.