Is It Time To Sell My Business?
Mike Limbers, CBI Transworld Business Advisors Howell/Novi 5/5/2024

Is It Time To Sell My Business?

"If you are a business owner, you may have asked yourself, ""Should I sell my business?"" The answer is dependent on various factors that are unique to you and your business. Before making any decisions, you should take a closer look at your business and yourself.


When it comes to your business, you should consider the following:

- Is your business profitable?

- Are there growth opportunities for your business?

- What is your customer concentration?

- Do you have good employees who would stay on?

- Do you have good books?


While assessing yourself, you should consider the following:

- What will you do after you sell your business?

- Are you financially ready to sell your business?

- Are you burned out?

- Is your health declining?

- Do you want to spend more time with your family?


Selling a business is a difficult decision, and you need to be mindful of all the factors that could influence your decision. If you feel that the time is right to sell your business, then it is time to discuss an exit plan. Call or email us for a free consultation today.


Mike Limbers, Certified Business Intermediary

Michigan

517-230-1281

[email protected] "

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