If you're considering selling your construction company, you're not alone. There are many reasons why business owners decide to sell, whether it's to retire, dissolve a partnership, or pursue new opportunities. However, selling a small "Mom & Pop" construction company can be challenging, especially if you're the sole owner and operator. If you're ready to move forward with the sale, there are several steps you'll need to take to prepare your business and find a buyer. In this blog post, we'll provide some tips and guidance to help you successfully sell your construction company.
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Topics: Business Valuations
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In America, Covid-19 first began to impact the business world in January 2020. By March 2020 its impact was in full swing as lockdowns began and the first economic stimulus plan was signed into law. This period, from March 2020 onward, will be heavily scrutinized when brokers try to assess the value of any business being sold today.
Despite Covid, Buyers are looking to purchase Businesses
If you are thinking about selling your business, the good news is that there are plenty of buyers. But do you know what your business is worth?