Selling your business is one of the biggest decisions you’ll ever make. It determines the futures of you, your family, your team, and their families. Beyond merely considering the financial side of things, you must also think about how a business sale will affect you emotionally. You’ll need to ask yourself questions like, “What will I do with my time, who am I outside of my business, and when is the best time to sell my business?” These are just a few of the questions you’ll need to answer when determining whether you’re ready to make an exit. Follow Along With The Financially Simple Podcast! Owner Readiness: Is Now the Best Time to Sell My Business? According to the Exit Planning Institute (EPI), only around 20 to 30% of businesses that go to market will actually sell. That means up to 80% of owners who want to sell their […]
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