The global economy has taken a massive hit from the COVID-19 pandemic. Many businesses have been forced to shut down as the government places strict restrictions to curb the pandemic. Many small business owners are contemplating selling out to cut their losses, while the optimistic entrepreneur is wondering whether the situation is conducive for buying.So, […]
I get asked this question often, so I think it is worth putting together some industry information as a reference point for business owners whether they are thinking about selling a small business or buying a small business. According to the International Business Broker Association (IBBA), a business broker is “a professional intermediary dedicated to […]