Have you been
thinking about selling your business but just can't decide if now
is the best time? Do you find yourself repeatedly analyzing the
economic situation and wishing you had a crystal ball? There are
positive signs and there are negative signs....
If you're still
up in the air and can't quite decide whether or not to hit the
eject button, here are five reasons you might want to consider
about selling now.
1. You're less interested in fighting the good
A lot of business
owners took the Great Recession in the teeth. If you've got your
business stabilized and the prospect of possibly having to fight
through another recession leaves you anxious or panic-stricken, it
could be time for you to get out.
2. The worst is behind you
Let's say you
were mentally ready to consider selling a number of years ago and
then 2008 hit, and so in 2009 and 2010 you made cuts and
adjustments, and now you're seeing some profit and revenue growth.
With your numbers going in the right direction, now might be just
the right time to make your move.
3. The tax man is coming
around the world are looking for money to fund the cost of an aging
population. At some point this will mean increased taxes.
4. Nobody is lucky forever
If you're lucky
enough to be in a business that actually benefits from a tough and
changing economy, congratulations... you've probably just had the
four best years of your business life. But no cycle lasts forever
and right now might be a great time to take some chips off the
5. The coming glut
As a business
owner, demographics are not on your side. As the baby boomers start
to retire in droves, we're going to have a glut of small businesses
coming on the market. That's great if you're buying; but if you're
a seller, you may want to avoid the flood and head for higher
If you're not
sure whether you want to sell next year or 5 years, then it is time
to get your Sellability Score
my website - at no charge
Sellability Score assessment allows you to see your business as a
buyer would see it and to identify how you perform on each of the
eight key drivers of sellability. The questionnaire takes about 13
minutes to complete and your responses are kept confidential and
If you want help making your business more
or you just want
to make 2015 Your Best Year Ever
, give me a
call. I am here to help! Be Great. Think Sellable. Think More Valuable.
Certified Business Coach and Sellability Advisor
FocalPoint Business Coaching Excellence
toll free: 1-877-223-0622