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A record number of small business owners are selling their companies

Exit…stage left!

That’s what a lot of business owners are saying – and doing. In fact, sales of small businesses reached record levels in 2016. A total of 7,842 closed transactions were reported this past year, the highest annual total of small business sales since online business for sale market place BizBuySell first started tracking data in 2007, according to the company’s quarterly Insight Report published this week. Sixty-three percent of respondents to the survey also said they experienced more deals in 2016 than in 2015.

By Gene Marks

Full Story: https://www.washingtonpost.com/news/on-small-business/wp/2017/01/13/a-record-number-of-small-business-owners-are-selling-their-companies/?utm_term=.e7c75e488f3a

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