After decades of running the show, a growing number of business owners are preparing to step away. The so-called "great retirement wave" isn't just a demographic shift, it's triggering one of the biggest handovers of private businesses in recent history. However, in today's economy, exiting simply isn't as straightforward as it once was.
Aspects like high interest rates, buyer sentiment doubt, and tighter lending standards are currently changing the market for business sales. For many owners, it's no longer just about finding a buyer, it's about providing value in a more scrutinized and competitive landscape.
