When should you sell your business?
March 21, 2007 · Print This Article
I’ve wondered about this for a while…When exactly should a business owner sell his business? If it’s profitable, why would you want to sell it? If it’s not, why would someone want to buy it? If it’s not profitable and someone wants to buy it, obviously they think it could be profitable, so why don’t you take some time and figure out how they were going to make it profitable and do it yourself? I guess some people could just be looking for some quick cash and a quick exit, but the only other reason I can think of is that your just tired and just not very passionate about your business, no that there is anything wrong with that. Most entrepreneurs fail many times before they create a truly successful business. Don’t be discouraged.
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