If your business is ... then chances are you have poured most of your time, energy and spare money into it - for what may have seemed like forever. Your company may have become your life . . .
If your business is successful, then chances are you have
poured most of your time, energy and spare money into it -
for what may have seemed like forever. Your company may
have become your life . . . an extension of yourself.
Can you really imagine life without it?
Is your family dependent on your business? Do you discuss
it around the dinner table? Is your business an education
and training ground for your children... a way for them
to gain some working experience and earn some pocket money?
Could it be that your business is like a member of your family?
On the other hand, is your business a ball and chain around
your neck which you can’t wait to get rid of? Or, when you
first started, did you only intend to stay a short time
and things sort of never turned out that way?
Whatever your situation, selling your business will be one
of the most important things you’ll ever do. It’s very
important that both you (and your family), and your company
are ready to make the change. And it could be a big one!
For starters, you must be prepared to hand over the reins
of ownership and management to someone else. You must accept
that they might do things to your business that you would
never have dreamt of doing. They may replace all your staff,
they may change the marketing focus. They may even grow your
business to the great heights you always hoped for but
never quite achieved. On the other hand, they may destroy
everything you’ve built up.
I saw it happen recently. A friend successfully sold a
very profitable business, only to watch it disappear
"off the face of the earth", a short time later.
This can be very disheartening especially when the new
owners won’t listen to your experienced advice.
With careful preparation you can alleviate much of the
stress, from what will probably be, the biggest sale
you’ll ever make! And . . . you’ll only get one chance
at it. There’s only one opportunity to put on a price tag
that represents your years of toil.
Do it once - Do it Right, because once you’ve signed the
sale documents it’s all over! It’s history!
© Noel Peebles. Market Leaders Limited. All Rights Reserved.
http://www.instantsellbusiness.com
http://www.instantsellhome.com
FIND YOUR PASSION AND YOU'LL FIND SUCCESS IN BUSINESS
Most ... ... have a strong passion for their ideas or ... They know what they want and they know what they enjoy doing. Their work becomes their play. The secret to success in10 SHORT MARKETING QUOTES TO ADD PUNCH TO YOUR EZINE, NEWSLETTER OR WEBSITE
1. ... “You can have the best product or service in the world, but if people don't buy - it's ... So in reality it doesn’t matter how ... your new product or service is. The real quA Dream Retirement Or A Rude-Awakening To Financial Reality?
It would be fair to say that most people will find their incomes at least halved the instance they retire from the ... The ... is dropped when suddenly ... they lack the cash flow