The “Right” Time to Sell Your Business
By Scott O’Rourke
Selling a business is a big decision– and typically one that entails a reason beyond just money. The piece of mind of not bearing all of the risks by yourself, a lifestyle change, estate planning matters, or net worth diversification can be significant motivators. It tends to be more of a lifestyle decision with a financial component than vice versa. Common factors include retirement, other interests, burn out, health issues, family matters, competition, capital limitations, risk exposure, or a blending of several issues.