When Is The Right Time To Sell Your Business?

There are different reasons why business owners decide to build a business.  Some do it for their family legacy.  Some do it for the potential of a big cash out down the road.   Some just build a business so they don’t have to work for the man, and get the business to generate enough income to support their lifestyle.   Whatever may be the reason you start a business, the question will come up at some point on when the right time (if at all) will come to eventually sell your business.  Here are some smart money moves thoughts on when may be a good time to sell your business. Historically low capital gain rates–  Currently, we have long term capital gain rate of 15% on most items, especially if you are considering doing an asset sale of your business.    It has been very uncertain where this rate will head in 2016 or 2017 with a new President,  but 20% is ...

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