DAK’s President, Alan Scharfstein, joins the CIANJ panel to discuss when is the right time to buy, sell, or invest in a family owned or closely held business. No one can argue that the last two years of owning and operating a business have been challenging, trying times. The pandemic required many businesses to fight for their survival and altered plans for planned growth and expansion. After riding the roller coaster the last few years, some may want to justifiably get off. But is now the right time to sell your family or closely-held business? Is now the time to invest or buy such a business? The CIANJ and fellow family business owners and industry experts discuss the pros and cons of selling, buying, or investing in a business in the current market.
