Are you ready to retire from the business you’ve built? Maybe a little tired of it? Bored? Burnt out? Sick of dealing with employees and red tape?
These are all legitimate reasons to want to sell, but if they are the only reasons you’re leaving, you could end up regretting your decision. You’ve worked hard to build your business. It probably gives you a sense of purpose and accomplishment. Selling means you risk losing all of that.
One of the most important steps for ensuring you sell your business well has nothing to do with how much money you get for your company and everything to do with your reasons for wanting to sell in the first place.