Jul 07, 2022
In Welcome to the Job Forum
If I sell my business Do I have enough to retire? Job Function Email List What will I do after I sell my business.? What will happen to my employees? What will I sell my business Job Function Email List for? Is it enough? How do I handle all the "little situations" that are part of most any business prior to selling my business? Does the business Job Function Email List owner considering the sale of their business that they were involved from the beginning/day one of the business differ from business owners that had bought an existing business? Of this I am not sure but somewhat curious if there is Job Function Email List a difference. While it is awkward for me to share personal thoughts in such a public forum, possibly some of my experiences may help others in this very Job Function Email List important decision. Some of my thoughts and experiences: I had felt that the decision to sell my business was equally as difficult Job Function Email List as the process of trying to sell the business. But Job Function Email List selling a business is a difficult process. I had made the decision that if I Job Function Email List wanted to sell the business that I would do it under my timeframe, (and when I was mentally ready to sell my business) and not wait until a situation or market or business conditions forced me to sell the business. This decision may Job Function Email List have had me miss an opportunity to sell at a higher multiple in the late 1990's when acquisition values where higher inside my industry, but mentally I was not ready Job Function Email List to sell at that point. My CPA (accountant) that was a very close advisor to me would always say regarding the sale of the business- "You will know when you are ready".