2012: The Year to Sell?
Still facing an uncertain economy, some small business owners say this is the year to sell your business.Changing tax rules and uncertainty about the future have made some small business owners eager to sell in 2012, according to Reuters. With the low capital gains rate set to expire and possible changes coming to the gift and estate tax rules, some small business owners would rather get out now than see what happens.”We’re also seeing a lot of businesses that really went through a tough time in the recession and have now kind of bounced back as survivors,” Michael Butler, CEO of Seattle-based Cascadia Capital, an investment bank, told the outlet.