It takes as much effort to fold something right as it does to blossom something from scratch. What can go wrong when one wants to sell a business and how can a business-person be better equipped to face it all?
For many reasons, an entrepreneur can find oneself standing at the sunset point and ready to conclude a journey that started with a small business. Sometimes, it is helpful to end something at the right time than to stretch it to everyone’s agony. Market factors, industry dynamics, sustainability issues and the roadblocks of scale or speed are just a few triggers that spur any small business owner to consider shutting down the curtains for good. It is only with the lessons learned and the hassles encountered here that the entrepreneur in question can be ready for forthcoming ventures that will gain from all the prudence and caution acquired in this very phase. Provided, the business owner does it right. But this is seldom a picnic.