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Kayo Ko

Should I Sell My Business When It’s Doing Great?

Should I consider selling my business when it is flourishing and enjoying remarkable profitability? This conundrum presents a significant dilemma for many entrepreneurs. After investing countless hours, resources, and passion into nurturing this enterprise, is it truly prudent to relinquish control at a moment when growth seems assured? Could this be an opportune juncture to capitalize on my efforts and secure a lucrative exit strategy? Yet, one must ponder the ramifications of such a decision; will I be able to replicate this success in a future venture, or am I, perhaps, sacrificing long-term potential for immediate financial gain? Additionally, how will my decision affect my employees, clients, and the brand’s reputation? Is there merit in evaluating the market conditions surrounding my industry? What are the implications of timing my exit as it pertains to market trends and external economic factors? Might there be an alternative path that allows for continued growth without divesting completely?

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