Here are some common situations when it’s time to sell your business.
People ask me all the time, “How do I know if my business is ready for sale?” The answer depends on your situation.
Here are two common situations where you’re ready to move on from your business:
1. You don’t enjoy growing your business anymore. If growing your business doesn’t motivate you to get up every morning, it might be time to consider selling.
2. You feel like you’re standing in the way of future growth. Maybe you’re comfortable where your business is, but your employees and managers want to continue growing. If that’s the case, it might be time to sell.
“It seems counterintuitive, but your business is worth the most when everything is going right.”Here are the most common ways to know your business is ready to sell:
1. Your business is steady and improving. It seems counterintuitive to sell at this point, but your business is worth the most when everything is going right.
2. You’re working less than 40 hours per week. Your business can function without you which could be an indicator that your business is ready to sell.
If you have questions about this topic or you’d just like to talk through your situation, please email us at info@rbasells.com. We look forward to hearing from you.
