What’s Trump’s Effect on Buying or Selling SMBs?
November 21, 2024
by a professional from University of Southern California - Marshall School of Business in North Palm Beach, FL, USA
Link to the article: https://www.linkedin.com/pulse/whats-trumps-effect-buying-selling-smbs-the-business-buyer-advocate-bqcse
See what I uncovered, researching the question, 11/21/2024, from a searcher who asked: “Should I hold off making an offer to buy a business until we see what's happening a few months after Trump takes over?”
Please share your opinions, experiences, and insights in the comments below
My View
Like it or not, you, me, everyone must deal with Donald Trump’s reelection. Let’s prepare. Ideas?
Small Businesses Can Turn Political Upheaval into Sustainable Competitive Advantages
While political upsets can create challenges for any business, small businesses have unique advantages — speed, agility, deep customer relationships, and financial resilience — that can allow them to not only survive but thrive. By leveraging these traits and applying the lessons from political instability, small businesses can carve out a competitive advantage that’s built on trust, innovation, and adaptability.
When small businesses use their ability to pivot quickly, engage in smart partnerships, stay financially disciplined, and align their values with those of their customers, they can establish a sustainable, long-term advantage over larger competitors who may be slower to adapt. By taking proactive steps now, small businesses can position themselves to succeed in any political climate.
from University of Texas in United States