Questions To Help You Decide.
Question #3: Is this the right time?
In the first two articles of the series, we looked at the personal questions of resources, energy, and motivation to sell. Now let’s discuss the question of timing.
You might ask why timing isn’t the only issue to consider when selling a business, due to the ever shifting global economy and constant ebbs and flows in business outlook. The answer is that timing, although a critical indicator in selling a business, is only important when considered with factors such as piece of mind and personal commitment.
Have you arrived at a time and place where you can honestly say your resources and energy would be more appropriately directed towards something other than the business you are currently running? Or, to put it in another way: are you feeling like B.B. King and finding that “The Thrill is Gone”?
If the answer is ‘Yes’, then it is the right time to sell.
See the full article Should I Sell My Business? – Is this the right time?