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:
- Refinancing
- Re-capitalization
- Handle Owner/Operate Burnout
- Management Buyout
- Empower a strong management team
- Hire competent Management
- Inter-generational Transfer
- Value Enhance to increase sales and/or reduce operating costs
- Liquidate
- Strategic Alliance
- Amalgamation or Merger
- Join Venture
- Create an Advisory Board to identify and manage problems
- 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. 221
or by email: cathb@robbinex.com.