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Buying and Selling a Small Business: Introduction

A guide for entrepreneurs interested in the buying of an existing business or the selling of their own business.

Buying and Selling a Small Business

This guide is intended for small business owners and entrepreneurs to learn some basic concepts about buying and selling a business venture. It should guide you through the Saint Louis County Library resources that are available to engage in the transaction as well as some quality reading and research on the landscape of business enterprise transactions.

Why Sell a Business?

There are many reasons to sell your small business. Some of the top reasons are below.

  • Retirement
  • New interests
  • Quality offer
  • Family transition
  • Change in partnership structure

Businesses are purchased, acquired, merged, liquidated, and more to the value of $1.9 trillion in 2024 in North America alone. You can review statistics about the global market in our resource Statista or see more data from the Institute for Mergers, Acquisitions, & Alliances (IMAA).

Resources