Selling Your Business

Chances are you didn’t start your business with a plan in mind to exit or sell your business. But at some point, those thoughts start to creep in. Maybe you get a letter or phone call from a competitor or a consolidator in your industry who is inquiring about potentially buying your company. Perhaps you got some negative health news. Or your daughter who you thought would take over the company told you last weekend that she has no interest? How do you figure out what your business is worth? Should you sell it to your employees, an outsider, or just close up shop? Selling your business (and even talking about selling your business) is one of the most emotional things you’ll ever experience as a business owner.