Length of Ownership
May 04, 2023
by a searcher from Widener University in Jefferson Township, PA, USA
What is minimum time period one should own a business prior to selling? This assumes you grew the business, added profitable services lines, improved operations, optimized system integrations, expanding the multiple and made the business marketable to a potential buyer. I know this is multi-factorial, but I'd at least like to get a general sense. Thanks.
in Las Vegas, NV, USA
Personally for me, I would want to see at least 12 months of solid growth to feel it is permanent and sustainable throughout the year and not seasonal?