Startups and entrepreneurs that were able to leverage their position in the pandemic may now want to consider taking advantage of the current market and high valuations by selling or exiting their company. Anders Principal and Director + Outsourced CFO, Beth Schulte, CPA, MBA, explains why now is the time to sell and how you should prepare in a recent article for the St. Louis Business Journal’s St. Louis Inno platform.
In the article, Beth discusses how there has been an increase in investor funding for startups who are ready for new opportunities, which in turn means buyers are ready as well. “While there is a lot of buyer demand right now, the seller inventory hasn’t kept up, with many startup owners focused on recovering from the pandemic instead of preparing their business to sell,” she explains. Beth walks through how startups have an advantage in the market and how working with experienced advisors can make the exit planning process easier.
Read the full article for more of Beth’s insights: Now could be the best time to sell your startup – learn why and how to prepare.
Anders is a proud founding partner of St. Louis Inno, a digital media platform that will serve as the region’s portal for news, profiles and insight into the region’s burgeoning innovation ecosystem. Learn more about St. Louis Inno.
Anders Director + Strategic Growth Christy L. Buchanan contributed to this article.All Insights