George Spilka and Associates

Although tough times are upon us, an economic downturn doesn't have to put all plans on hold. If you own a middle-market company (one that has a transaction price between $5 million and $250 million) and you are interested in selling it, a slumping economy is no reason to hesitate. In fact, putting your company on the market during a slowdown can have several benefits.

If you own a midsized company, one valued at $2 million to $250 million, and you're thinking about selling, you should consider hiring a financial adviser to guide you through the process. This is likely to be the biggest and most important business transaction of your career, so finding an adviser who understands you, your business, and your industry is key in negotiating the best price.