Mergers and acquisitions and exit strategies are a minefield of unknowns for most SME brokers. Eventual sale has often been viewed as the golden chalice of exit strategies, particularly in the past, such as during the heady days of pre‑2008 consolidation when funding was readily available.
However, the situation nowadays is not quite as plain sailing for sellers. So are there other options available in terms of exit strategies for owners of small and medium‑sized brokers looking to retire?
Post's article investigates.