Selling the business is a big decision and business owners must be truly motivated and committed to go through the process. There are many reasons for selling — retirement, health, burnout, other interests, family crisis, downward trends — just to name a few. And when business owners actually recognize the reality of that day coming, then they must start planning and take action. It all starts with talking to mergers & acquisition advisors, accountants, attorneys and financial planners to find out about the process and what steps that need to be taken to get maximum value.
Read this excellent Inc. article, “Why Are You Selling Your Business?”