Dealmakers are essential for buying and selling businesses in the COVID era

Business advisory has been as dynamic as ever as companies continue to navigate through the ongoing pandemic-led disruption. The labor shortage is a nationwide challenge impacting businesses of all sizes across different sectors, Transworld Business Advisors President and Owner Scott Hislop told Invest:Insights. Despite the disruption, there are opportunities to acquire or sell a business. As such, having an experienced broker is essential in ensuring the success of these kinds of transactions. There remains some uncertainty as it relates to capital gains tax which both sellers and buyers are keeping a close eye on, Hislop said.

 

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