What is the top reason for selling a business?

ReasonToSellABusinessSelling a business – here’s the top reason people are doing it

While surfing the Internet, I found the following information. The news comes from America however the UK often has similar trends.

“As noted in a recent article in The Colorado Springs Business Journal, the Market Pulse Quarterly Survey Report from the fourth quarter of 2012 indicated that the retirement of baby boomers was noted as the top reason for selling a business for the first time in history. Moreover, the mass exodus of baby boomers from the workforce is expected to cause a 35-percent increase in sales of businesses by the end of 2013. In fact, many of these folks might already have sold had it not been for the recession of the late 2000’s.”

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Joanna Miller, Co-Founder of Business Wand, helps business owners navigate their way through the start to finish process of selling a business. Her specialty is helping owners understand how to prepare and make the most of their business sale process to maximise their company’s value. To understand how you can sell your business quickly for the highest sales price, purchase her book, “How To Sell A Business: The #1 guide to maximising your company value and achieving a quick business sale”