What Is YOUR Reason to Sell?

You have a will, right? Your business needs one as well – known as an exit strategy. There are factors – some you may know, some you may not — that can derail a smooth and successful sale. Here are several scenarios:

  • You are burned out. Life is too short to continue the struggle. Sell, retire, do something you love.
  • Your business faces mounting cash flow challenges—growing too quickly or suffering monetarily.
  • The business has grown beyond your capabilities. Many successful entrepreneurs are not the best CEOs!
  • External economic or competitive forces change the industry, which can be a threat or an opportunity.
  • A successful competitor offers above fair-market value.  It may be time to cash out rather than compete.
  • Death or disability forces a sale and your business’ value can plummet.

As you can see, there are many – often unexpected – pressures prompting a sale.  So, what can you do NOW?

Stay tuned for more thoughts on the efficient sale of your business.

Maximize your chance to reap the rewards of your life’s work.
Contact us for a complimentary consultation.