Cash Out or Burn Out: 4 Signs that NOW is the RIGHT time to SELL

Merger and Acquisition activity nationwide proves that countless business owners are taking advantage of the window of selling opportunities offered by today's marketplace. With sellers taking a long hard look at our current economy, one-third of business owners say they are considering the potential sale of their company.

The first question one might ask is Why? Why sell now, especially during a down economy?

As we all know timing is everything and with large corporations trimming the fat, BUYERS-well qualified buyers are out there, and they are sizing-up private businesses for themselves. According to Merger and Acquisition professionals within the industry, they explain that the percentage of corporate executives who leave their Fortune-500 jobs do so in hopes of becoming an independent business owner.

Taking "the Big Step" is difficult, but selling your company doesn't have to be. Recognizing when to "Cash Out" is better than a "Burn Out". Getting burned out is the one single factor that causes business owners to sell too late and not receive the best possible price for their company because they are willing to settle. Burning out could happen whether you are a thriving successful business or one that is failing to grow. The time is NOW; make sure you are aware of the warning signs of a "Burn Out" so you can "Cash Out" at the right time.

4 Signs that NOW is the RIGHT time to SELL

1. That isolated feeling. The burnt-out owner has been working all positions of the company for such an extended period of time even the simplest and routine acts of decision-making seems like an overwhelming task. These business owners have been bearing all the weight and burdens for way to long.

2. A negative and fuzzy perspective. Most business owners that are burnt-out are so in over their head that they lose perspective. Daily prioritizing becomes a major challenge, and problem solving skills become no more than a quick fix that cost money in the long run rather than increasing cash flow and profits.

3. It's just no more fun. Being a business owner is hard-work; however, it should also include an element of enjoyment. Dreading going in and opening the doors everyday screams that the business owner needs a new challenge.

4. You're just plain tired. Simply put, after years of doing it all themselves, many business owners burn out from the high demands placed on them. Therefore, just wear and tear brings down the business owner.

So what are you waiting for? It's time for you to plan your exit strategy, whether it's now or 2 years from now. There's nothing to gain in waiting especially if you are heading for a "Burn OUT". If anything, planning for your exit may be more beneficial to you now for your state of mind, as you will know where you actually stand and what you need to do to "Cash Out". However, if you decide to stay in business, you've now made an economic decision based on facts rather than a gut feeling.

For more information on how the Business House, inc.^SM can help, please visit our website at www.theBUSINESSHOUSEinc.com or call our office today at 770 534-6630.