Schafer: It may not look like the right time, but plenty of business owners head for the exits
It made sense when consultant Julie Keyes said last week that the coronavirus pandemic has disrupted the plans of baby boomers who had hoped to sell their businesses. After all, it's disrupted nearly everything else. The surprising thing was hearing that the boomers aren't necessarily delaying their plans, to let their business recover in a normal economy before selling. Instead many want out now. The details of their stories are all different, Keyes said, but a common theme is how these business owners doubt they have enough strength left to own and manage a business through another crisis. ...
Source: startribune.com