Take the Plunge – Sell Your Business While You're on Top

If you're a business owner who still loves what you do, brims with ideas to grow your company, and leaps out of bed each morning excited to work, then this article isn’t for you. Keep doing what you love, and don’t even think about selling.



But if you’re like many business owners I meet—those who’ve been in the game for years, feel less excited about the day-to-day grind, and frequently find yourself thinking about exiting—selling your business should be a priority.

2024 BizBuySell Insight Report:

A Look Into the Business-For-Sale Market

Business sales in 2024 climbed 5%, with over 9,500 transactions totaling $7.5 billion in enterprise value—up 15% from 2023. Manufacturing, technology, and construction industries led the way in growth, with valuations strengthening across the board. Curious about the trends shaping today’s small business market, read BizBuySell's full report for deeper insights.

M&A Events

M&A Statistics

WHAT DRIVES BUSINESS OWNERS

TO MARKET

Retirement remains the top reason for sellers to exit, particularly in larger deals. Smaller deals are more likely to be driven by burnout, new opportunities, and personal reasons such as family issues and relocation. Larger deals, on the other hand, show a notable trend toward recapitalization, which could reflect growth goals or a seller strategy to take some chips off the table.

Data taken from the Q3 2024 Market Pulse Report published by the International Business Brokers Association (IBBA) and M&A Source.