Things you will give up if you sell your business If you have ever owned a business, you have daydreamed about selling it for a large pile of cash. It’s not really about the money, right? It’s about flipping a switch and having all the stress and headaches turn off...
A recent government survey shows that 15.6% of all businesses are owned by those 65 and over. Why have so many Baby Boomers decided not to sell their businesses? We had a few guesses, so we decided to poll small business owners to find out. In order to participate...
Adopting a Half-Retired Mindset When business owners start looking at their golden years, they often think about selling the business for a big pile of money and leaving the stress of business ownership behind. However, this could be the worst plan for your business....
We see many entrepreneurs who are approaching retirement age, delay retirement. At first glance, we might guess that the delay is for financial reasons, but many of these business owners have plenty of money. So why are they delaying retirement? Our guess is for all...
According to NBA Hall-of-famer Charles Barkley, the right age to retire is sixty. Here’s a direct quote from Charles I’m trying to make it to 60 because I still want to be young enough where I can enjoy my life and have fun. That is no disrespect to old people,...
Business owners are a special breed. They are hard working, passionate, and able to handle 57 priorities simultaneously (probably because we are all a little ADD or are adrenaline junkies). It’s not easy to unwind decades of behaviors that have served our businesses....
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