Clear Signs It’s Time to Sell Your Business

Hi all. Found an excellent article that I am sure many will relate to. Hope you get something useful out of this...

Owning a business can be one of the most rewarding experiences a person can have, but it’s not always sustainable. You may have already toyed with the idea of selling, and as the years go by, more and more reasons in favor of this major decision inevitably crop up. But, the difference between bowing out elegantly and stumbling your way out is recognizing the following signs that it’s time to sell.

1. Burnout

Not everyone is built to be a lifelong entrepreneur. Maybe you want a new career. Maybe it’s time to earnestly pursue your dream of oil painting. Whatever the reason may be, if you’re feeling burnt out, it might be time to sell.

Contrary to popular belief, owning a business isn’t always that glamorous. We might think entrepreneurship is all about rubbing elbows with CEOs and cashing checks, but the day-to-day reality of owning a business can be grueling and stressful. After a while, it’s natural to experience some attrition.

Know when to call it quits — there’s nothing wrong with ducking out when the timing is right. In fact, when faced with burnout, you have more to gain by selling than trying to tough it out. No one can deny you got to this place by being strong and industrious, but after awhile you’re not doing yourself or your company any favors by sticking it out for the wrong reasons.

Looks like really useful info, eh? Just click here to find out more. If you’d like to share perspectives or discuss how it relates to your business, call me on (0467) 749 378 or email me at [email protected].

Thanks,

Robert