Reason 2 why NOW may be the best time to sell
Multiples are high right now
Multiples are as high as they have been in recent years but some industry experts are seeing them inching their way down! More importantly, there is little expectation that they will increase beyond today’s range. Trying to “time” multiples is like trying to time the stock market. How many people get burned every time a bubble bursts? When prices are high, there is a tendency to wait for them to rise even more, until it’s too late. The time to sell is when you can get a good price, even if it may not be the best price you’ll ever see. We believe right now is a good time to get a good price.