When it comes time to sell the business you’ve put your heart and soul into, you will likely experience some uncertainty mixed in with the excitement. That doesn’t mean you aren’t ready for this transition , but you should reflect on whether it’s truly the right move for you and your company .
Contemplating this opportunity includes asking the right questions. These six entrepreneurs share the questions you should consider before you sign on the dotted line.
Why am I selling my business?
Entrepreneurs should always be thinking about the “why” of their business, and the same is true when it comes to selling. Murray Newlands, founder of invoicing and expense tracking software company Sighted , recognizes that you don’t just need a reason to sell — you need a valid one.
“You want to determine if it’s the right time in your own career […]