There are many reasons why owners let go of their businesses. Some
might find it hard to let go because it has given them a sense of
accomplishment over the years and they might have developed a personal
sense of attachment for it. Nevertheless, that does not stop them from
selling their business in the long run, after all it should be all about
the ‘business and never personal’. Here are common reasons why for
owners selling their businesses.
Growth
This might sound crazy. But it is true that owners
sometimes ditch their businesses because business growth stirs up a host
of problems for them. Many small-sized businesses cannot cope with
growth. Others do not have the required skill sets or investment
requirements to march on. This can impede growth and give the
competition an undue advantage to muscle in and take their market share.
Opportunities for business growth can indeed be a blessing and curse.
Losing Interest
Many business owners start with a dream and work their
way towards success. After achieving what they sought out to achieve,
disinterest can set in. ...
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There are many reasons why owners let go of their businesses. Some
might find it hard to let go because it has given them a sense of
accomplishment over the years and they might have developed a personal
sense of attachment for it. Nevertheless, that does not stop them from
selling their business in the long run, after all it should be all about
the ‘business and never personal’. Here are common reasons why for
owners selling their businesses.
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