14 Alternatives to Selling Your Business

There are several reasons for a business owner to consider selling their business.  These may include:

• Illness
• Retirement
• Lack of Capital
• Burnout
• Boredom
• Partnership Dispute
• Family Concerns
• Too much equity in the business
• Business is not successful
• Business has become to risky.

For each of these reasons there are alternatives to actually selling the business.

If you are thinking of selling your business, these are the 14 Alternative Options you should consider:

1. Refinancing
2. Re-capitalization
3. Handle Owner/Operate Burnout
4. Management Buyout
5. Empower a strong management team
6. Hire competent Management
7. Inter-generational Transfer
8. Value Enhance to increase sales and/or reduce operating costs
9. Liquidate
10. Strategic Alliance
11. Amalgamation or Merger
12. Join Venture
13. Create an Advisory Board to identify and manage problems
14. Buy out of an unproductive partnership

Understanding the needs and goals you are trying to achieve is very important to the Three Phase Process™ used at Robbinex.

If you would like to speak to a Robbinex professional about selling your business or buying a business, please contact our Marketing & Client Services staff at 905-523-7510 Ext. 217 or by email: kristine@robbinex.com.