American Business Brokers & Advisors - July 2023

SUDOKU (SOLUTION ON PG. 4) Take a Break!

"HIDDEN WEALTH" The Secret to Getting Top Dollar for Your Business

TERRY’S QUOTE FOR THE DAY “Don’t wish it was easier, wish you were better. Don’t wish for less problems, wish for more skills. Don’t wish for less challenge, wish for more wisdom.” –Jim Rohn ► What is the value of what you are selling? ► Want to make sure the sale is confidential? ► Want to sell everything together & fast? Terry has sold over 857 businesses. His book tells you what to do and more importantly what NOT to do when selling one's business. GET YOUR FREE COPY TODAY! Email Terry@TerryMonroe.com Put FREE COPY in the subject line for your free copy of "Hidden Wealth", a ForbesBooks publication.

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onto the marketplace, the sellers of convenience stores are driving the market price up. Will this change? Absolutely! Everything cycles.

One of my favorite conversations to have with owners of convenience stores is when I ask them if they are interested in exiting the business and selling their stores, and they say no because they have a plan. They say that in five years, they are going to get ready and then think about selling their stores. I always agree with them and tell them it is good to have a plan. However, the marketplace doesn’t really care about your plan, and if you would rather wait and sell at the bottom of the market instead of at the top of the market, I am okay with that, too. Today may be a good time to ask yourself: What works better for you? Selling when the demand is the strongest or waiting until the marketplace cycles down and is no longer a “seller’s market”? –Terry Monroe

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