Thinking it’s time to sell your business? Consider this: the tiniest miscalculation can cost you countless dollars – not to mention countless hours of stress and anxiety.
Misjudge a couple of minor details and a buyer can walk, leaving you with nothing. Get everything right, though, and you can successfully sell your business for a premium.
Much is made of analyzing the personality traits of successful entrepreneurs.
Some appear outgoing. Others are introverts. Some lean right, others left. Some are flashy. Others are frugal with their finances.
Their diversity can lead one to the conclusion that there are no common personality traits among successful founders.
I was re-visiting the Survey of Owner Readiness that our Exit Planning Institute (Twin Cities) Chapter published a couple of years back, and I was reminded that it says 99% of business owners agree that they should have a written exit plan.