Mick Feite Mick Feite

The Market Doesn't Care That You Are Ready To Retire

I am ready to retire, is a classic seller statement. The reality is the market doesn't care whether the business owner has declared that they are ready to sell. With typical business loans being 7 to 10 years in length, a 1% increase in loan interest may drop the asset price 10% on a business value.

Read More