Every business owner has a big dream to sell their business one day and see it continue on successfully. But, when that day comes, we realize that we know how to run a business, but we don’t know how to exit a business. This thought leaves us frustrated, confused, and sometimes overwhelmed. Exiting a business shouldn’t be as difficult as it seems. Can’t someone help me figure this out?
As with anything in business, we have to start with mindset first, then skill set. According to statistics, there are 12 million Baby Boomer business owners that may exit their business in the next 10-20 years. Many of us have our head down just running our business. We refuse to confront that the day is coming when we will either close our business, sell it to employees or family, or sell it to investor. No planning takes place.
Read more: https://theprofitabilitycoach.net/blog/the-business-owners-guide-to-achieving-financial-freedom/