Written by: Mark Blackton | Molliter Advisory
As you think about your business, consider that it is more than just your treasure. It also comprises much of your life, your time and talent. Now that you have built your business, it may be time to seek a better use of these resources.
Consider the following questions:
If the answers to these questions are predominantly “Yes”, perhaps it is time to transition or sell. It is also important to move before you lose enthusiasm for your business. A decline in value due to a loss of owner enthusiasm can often occur in these instances.
We often see business owners put off the all-important decision to sell their businesses. Don’t fall into that trap. Sell or transition your business if continuing to own it is not the best use of your time, talent and treasure.