Transitions are difficult. At times we are forced into transitions with little to no ability to control the circumstances we arrive in. For example, events like global pandemics, medical diagnoses, and economic shutdowns continue to rock our worlds with very little warning. However, there are transitions that we make of our own volition: college, marriage, and career advancements. In the times we chose our transitions, we make decisions based on trust and expectations. Every successful transition must have a high degree of trust.

Understanding the value of your business is an important part of being a business owner. Surprisingly, many people can tell you the value of their home, car, or boat, but they are unsure when it comes to the value of their business.

In our modern age of technology, it’s easy to sell things on our own. Online sales sites like forsalebyowner.com, Craigslist, eBay, Etsy, Zillow and many others, give us the opportunity to conveniently sell everything from a coat to a car without an experienced professional. So why not sell our business by ourselves as well?

There are many variables involved in selling a business, including emotions, finances, and logistical factors. Each of these variables can cause different levels of frustration and difficulty. Having a trusted, experienced partner to walk you through the process will alleviate some of these frustrations.

Knowing the current status of your business prior to selling is crucial in order to make the adjustments needed to get the best possible sales price.

Making life-changing decisions without being certain of the future can definitely lead to fear and hesitation. For business owners, the following fears may prevent you from exiting your business on your own terms.

Deal making is an art, and the goal is ultimate resolution.

People dream of owning their own business for a number of different reasons, but the number one reason we hear from clients wanting to own their own business is, “I want to make a lot of money.”