“I was inspired to write an article about the importance of exit strategies a few years ago after meeting with many business owners who came to see me when it was too late.”
They waited until they were completely “burned out” from the business or waited until the business was, for one reason or another, in severe decline or something more catastrophic such as declining health, a death or divorce. In most cases, there had been no advance planning whatsoever.
People will start a business with a lot of planning, work long hours, and spend their financial resources in an effort to build their Business. In time their business will become their largest “nest egg” for retirement. These same people might have an investment account in which they will check the value of on a regular basis, but not have a clue what their business is worth or how to properly prepare to market to eventually sell.
Many years ago in my first Business, I was one of those people. I had been in the “build mode” for so long that when the time came that I started burning out, I wasn’t sure what I should do. I wish there had been someone early on to guide me through the process of planning an exit strategy for my business.
That is the reason why I am very passionate about what I do. I give business owners the guidance I wish someone would have given me many years ago.
If you are interested in setting up an appointment to talk about where your business is now or advice to help make your business more sellable in the future, I can be reached at 941-445-4726. There is never a charge for these appointments, and they are strictly confidential. If I can be of service to you, I work purely on a commission basis. If I can’t successfully sell your business, there is no cost to you.
Wherever you are in your business life, I wish you much success.
Hallmark Business Brokers, Inc.