1/3 of Business Owners who sold their business for $5M-$50M to 2/3 of business owners for less than $500,000 had not done any planning for the sale of their business prior to selling. Of those who planned ahead, many are still moving through their exit process at a rapid pace, with less than a year between initial consultation and market listing.
Source: IBBA & M&A Source Market Pulse 2021 Q4 (published 2/2022) and Participant Comparison Reports
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