When is the Right Time to Sell My Business?

Age and stage of life are major factors for most business owners. At some point, you would like to have more discretionary time and an income that is derived from a diversified portfolio of investments, rather than being dependent on a single source.

As a business owner, you have most of your net worth tied up in your business. As such you are exposed to changes beyond your control that my affect your industry or the economy at large. There are many factors which may be affecting your business over which you have little control:

  Changing demand
  Increasing competition
  Fluctuating exchange rates
  International trade
  Labour conditions
  Technological change
  Regulation and legislation
  Economic downturns