Entrepreneurs are resilient, determined, and willing to do anything to tend to their businesses. Owning and running a business is emotional, there is attachment.
That is why it is a hard decision to sell, it almost feels like you are letting yourself down.
Even then, as a business owner, better be prepared that you might have to sell at some point. There are different reasons why to sell, sometimes it is to avoid roaming a shift in market forces and sometimes you sell because there is such a good offer on the table.
Anyway, selling your business is a more strategic exit plan than closing down. But even, set up a plan to maximize value for your business to earn top-dollar when you make the sale.
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