BizNexus

View Original

Most Common Reasons Owners Decide to Sell Their Business

Each day we ask our community of Advisors & M&A professionals in the BizNexus Community questions about niche topics related to strategies for getting your business acquired or recapitalized.

For today’s poll, we wanted to know “What’s the most common reason you typically see for owners deciding to sell?”

Here’s what the Advisors and M&A professionals from the BizNexus Community shared.

  1. Retirement

Retirement #1, but recently, I’ve been running into business owners who opened up shortly before COVID and are running out of energy, capital, and desire to run the business.


Definitely retirement #1, and health #2.


Retirement then burn out


2. Health Issues

Getting older & less energetic/sick of fighting with family members over the direction of the business, & who gets what when the owner dies/loses or lost interest in the business.


3. Burnout

Burnout.


Join the Conversation

The BizNexus Community

We bring together entrepreneurs, investors, and M&A experts to master the process of getting your business acquired or recapitalized, so we can learn how to set up a great deal team, financing, and exit plan from a network of industry professionals & advisors.

See this social icon list in the original post