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Family-Owned Businesses Urged to Sell Before the Party Ends

  • The potential for higher taxes next year may accelerate deals
  • Market conditions ‘as good as it gets’ with buyers circling
Bloomberg business news
Family-Owned Businesses Urged to Sell Before the Party Ends
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Families who own businesses are getting this piece of New Year’s advice: Sell.

Not only is it a great time to put a private company up for sale while the economy is strong and many deep-pocketed buyers are circling, wealth advisers are also reminding clients of looming political uncertainty toward the end of 2020.