One of the many reasons I decided to build my business around help others to document their business was to help the business owner grow their business, but be able to step away from it too. Whether stepping away was to take a vacation, for an illness or to sell the business, it’s all the same idea.
I just started reading a book called Built To Sell by John Warrillow. John is an entrepreneur who has been building businesses since graduating college. He mentions in the beginning of this book that one of the biggest things he has learned over the years is that “it’s sometimes hard to imagine that you’ll ever want to leave the company you worked so hard to build.”
There are many reasons that you may find yourself unexpectedly thinking about this down the road.
You may want to sell your business so you can retire peacefully and wealthy.
You may find that it is time to move on and begin a new venture.
You may need the income for a personal financial matter, maybe an illness, college costs, etc.
You may want to free up some time in your day to day.
Whatever the reason, wouldn’t it be most comforting to know that you can sell your business if a need arises.
What are your thoughts? Do you ever have the thought that u might sell your business down the road? What plans do you have for your business as you get older?