Alternatives to Selling your Business
There are several reasons for a business owner to consider selling
their business:
Illness,
Retirement,
Lack of Capital,
Burnout,
Boredom,
Partnership Dispute,
Family Concerns,
Too much equity in the business,
Business is not successful, or
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 fourteen
alternative options you should consider:
1) Refinancing
2) Recapitalization
3) Handle Owner/Operate Burnout
4) Management Buyout
5) Empower a strong management team
6) Hire Competent Management
7) Intergenerational Transfer
8) Value Enhance to increase sales and / or reduce operating costs
9) Liquidate
10) Strategic Alliance
11) Amalgamation or Merger
12) Joint Venture
13) Create an advisory board to identify and manage problems
14) Buy out of an unproductive partnership
Understanding your needs and the goals you are looking to achieve is
very important to the Three Phase Process
used at Robbinex. If you would like to meet with one of our business
partners, please e-mail Catherine
or call her at 905-523-7510, extension 221.