Ten Signs That It is Time to Sell the Family Business

For the past 20 years you have built your business. Your company has become part of your identity. Even when you are not at work, you are working, thinking, planning. You never stop. If you sell you are leaving behind much more than a job. In this article we will discuss some signs that might indicate that it is time to exit your business.

1. Late in your working life you are faced with a major capital requirement in order for your company to maintain its competitive position.

2. A large competitor is taking market share away from you at an accelerating pace.

3. Your legacy systems, production capabilities, or competitive advantage has been