Back on the Market: Could It Be Time to Sell Your Small Business?

Written by daglar-cizmeci | Published 2022/07/12
Tech Story Tags: small-business | startup-lessons | small-business-strategy | back-on-the-market | hackernoon-top-story | startup-advice | entrepreneurship | entrepreneur | hackernoon-es | hackernoon-hi | hackernoon-zh | hackernoon-vi | hackernoon-fr | hackernoon-pt | hackernoon-ja

TLDRThe Covid-19 pandemic has left a long line of lasting damage in its path for SME owners. 20% of small businesses are failing in just their first year of production. 45% of startup owners have reported supply chain disruptions two years down the line. Just under a quarter of all small business ventures have just 1-2 months worth of cash reserve left. If you want to make it out of the market with a pretty profit in hand, could it be time to cut your losses?via the TL;DR App

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Written by daglar-cizmeci | Founder of Hence, Repeat, RCCL, Mesmerise and Marsfields.
Published by HackerNoon on 2022/07/12