Baby Boomer Owners Should Exit Now

If you are not in the process of selling your business right now, you are making a Huge Mistake. You will never receive more money for your business than you will now. Waiting will cost you money.

When interest rates rise, your business’s value drops immediately! Do you really think there is any chance that interest rates will not rise given the actions of Obama and this Congress?

When Capital Gains rates rise, the amount you put in your pocket is reduced! Obama has promised to let the Bush tax cuts expire.

The SBA is now restricting financing of ‘Good Will’ to a maximum of $250,000. And they will only allow 50% of this for financing, or $125,000. This put a HUGE road block to those business owners that want to sell an existing business where much of the value is in ‘Good Will’. This will result in large decreases in business values immediately.

The details of Obama’s new policies are being unveiled and they should be alarming to most business owners.

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