For most people, selling their company is a big decision. There are many factors to consider and it’s not an easy choice. It can be tough to know when the perfect time will come along. You may want to sell your company because you need the money or because of retirement age or a host of other reasons. But what if there were some signs that now might be the right time? What would those signs look like? 


Are You Suffering from Burnout?

Burnout is a big problem for business owners. If you’ve been running your company for many years, it’s possible that you are suffering from burnout. This issue is very common among entrepreneurs and also very dangerous. Owners who suffer from burnout don’t invest much of themselves or their creative energy into their companies, which has a range of implications. Everything from losing customers to failing to keep up with the competition are all possibilities when an owner feels ready to throw in the towel. The end result is that owners through poor decisions and inaction can inadvertently decrease the value of their businesses. Combine this fact with the fact that a wave of new businesses may soon be hitting the market. Selling might start looking more and more attractive.


Jump into a Strong Economy

 If you’re like most business owners, the idea of selling your company might seem out-of-reach.  But it’s not.  The truth is that today’s strong economy means that new and unexpected competitors may soon enter the picture.  It is difficult to predict how the marketplace may change in the coming years, but a strong economy means both more opportunities for existing businesses and the potential for greater competition. Interest rates have remained at historic lows and that could definitely help you sell your business. 


Working with an experienced broker is one way to test the waters–you may determine that now is the perfect time to sell your business! There are many factors involved in selling your business, so working with a skilled broker can ensure you’re looking at the overall picture. It might be time for you to sell your business!

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