Why is the Business Selling Process So Slow?

It normally takes 6-12 months to sell a business. It’s not like selling a house where you can place a sign outside of your business and parade buyers through looking for the best offer. Businesses face challenges daily from gaining and losing key employees and top customers to maintaining market share. Buyers are analyzing your business all the way to closing. If they see something they don’t like the process might take a pause. These reasons combined with keeping the selling advisors on schedule (attorneys, accountants, and lenders) is why selling a business is a slow process. Make sure to keep the pedal to the metal when selling your business.