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
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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.