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[Gamer01]

There are many people who like to change their niche and business options regularly they mostly launch a business and if it is success they mostly sell it at any good offer that they can find for their businessetup and they look to move forward to operating a new business.

Many people do so and it is personal choice of anyone in. a buisness if you would do sp at what percentage of growth would you be doing it ?

 

[Wisdom01]

definitely it's great to have a clear vision and goal for your business. It's essential to have a solid plan for exiting your business and ensure that you maximize your returns. Good luck with your business and future endeavors!

 

[kayode10]

The ideal time to sell a business depends on various factors such as market conditions, financial performance, industry trends, and personal circumstances. Generally, it's advantageous to sell when the business is experiencing strong growth, has favorable financial metrics, and when market demand is high.

 

[Niftyicon]

is true that for many small business owners, selling their business can be a difficult decision, especially if they have invested a lot of time and capital into building it. However, there are many circumstances under which a business owner may choose to sell their business, such as retirement, a change in personal circumstances, or a desire to pursue a different venture.

Yeah, selling off anything is usually due to one reason or the other and from a personal point of view, a business that I nutured until profitable will be a tard difficult for me to sell off even for another one.

 

[Wisdom01]

Yeah, selling off anything is usually due to one reason or the other and from a personal point of view, a business that I nutured until profitable will be a tard difficult for me to sell off even for another one.

Yeah definitely Selling off a business could be due to various reasons such as financial difficulties, market changes, or personal circumstances. It can be a hard and emotional decision to make, especially if the business has been successful. However, sometimes selling could be the best course of action in order to make the most of an opportunity or to move on to new ventures.

 

[kayode10]

Clothes is very profitable business over here in my country especially when you are importing quality and cheap clothings into the neighborhood. There are some people who are still managing to make at least 80% return on their investment in clothing business.

 

[Wisdom01]

definitely it's interesting to note that clothing business can be very profitable when done correctly. It's important to consider market demand, quality of products, pricing strategy, and effective marketing techniques to ensure a successful clothing business.

 

[holie]

Selling off ones business is usually a personal decision. It is a sole proprietorship, he does not to consult anyone before making such decisions. It could decide to sell his business because of retirement if he does not have anyone to handover the assets to at that time..

 

[kayode10]

I'll be willing to cell of my business when I am unable to country about 80% of the stick and the operation in the business. When did it go to this level there is high chances that people are still going to take advantage of this and the business might dwindle.

 

[holie]

Many people going through difficult times and it is beyond their control could decide to sell their business to get their freedom back. Several reasons might make someone sell off his profitable business he has spent so much time and energy to establish..

 

[Daniel084]

A person can decide to sell off his shares in a business if the company is running into bankruptcy and managing the finances become very difficult for him. Many people has bought over company like this just because the owner can not be able to manage such business..

If the finances became too difficult, letting go is probably wise. Nobody wants the stress of a failing business. The new owners might be able to turn it around, and at least the original owner gets something from the sale.

 

[kayode10]

I am willing to sell my free business if it is doing eight figures consistently every month. Instead of selling the entire company I would rather take it to initial public offer where I am going to sell a fraction of the business to the public to raise more fund for expansion.

 

[holie]

People can sell their business due to several reasons that are palatable to them. But it could be very unwise to sell a good and viable business when the business is not experiencing any set back. Many could sell their business due to relocation to another country..

 

[Daniel084]

Before you plan to sell your business, you must consider the people who have shares in your company, that is the shareholders. The decision must be a collective one but if I'm the sole owner then I can decide to sell off my company if I have made enough profit from it and I wish to retire, not when I have other profitable businesses.

If you created the business alone and have sole ownership, then it's ultimately your choice when the time is right to sell. But shareholders expect fair treatment too. Maybe propose letting them cash out gradually as you transition to new ventures, so the sale doesn't come as a total surprise.

 

[kayode10]

It is the dream of an entrepreneur to take their business today initial public offer of the business to the public to make more money for themselves. Some people categorize the type of entrepreneur as ultimate investors because they have make money than the invest in the business.

 

[Wisdom01]

Selling off ones business is usually a personal decision. It is a sole proprietorship, he does not to consult anyone before making such decisions. It could decide to sell his business because of retirement if he does not have anyone to handover the assets to at that time..

i think selling a business can also be due to financial difficulties, changing personal circumstances, or shifting business priorities. It is important for the business owner to carefully consider all options and seek professional advice before making such a significant decision.

 

[holie]

i think selling a business can also be due to financial difficulties, changing personal circumstances, or shifting business priorities. It is important for the business owner to carefully consider all options and seek professional advice before making such a significant decision.

It all depends on the individual that owns the business. It is true that some people could sell their business because of difficulty and are in dire need of capital to solve a need. Others could take loan and would want to pay back loan collected.

 

[Wisdom01]

It all depends on the individual that owns the business. It is true that some people could sell their business because of difficulty and are in dire need of capital to solve a need. Others could take loan and would want to pay back loan collected.

Yeah obviously most people just need to sort themselves , that's why I don't blame some if they sell their business , it could be that they are seriously in need of capital and that's the reason they did so I think tho

 

[Daniel084]

Personally I would never sell a profitable business, no matter how tired I got. That income stream would give me the freedom to take on fewer responsibilities while still drawing a salary. Unless the offer was too good to refuse, seems a shame not to keep earning passive income from what you already built up.

 

[Wisdom01]

Personally I would never sell a profitable business, no matter how tired I got. That income stream would give me the freedom to take on fewer responsibilities while still drawing a salary. Unless the offer was too good to refuse, seems a shame not to keep earning passive income from what you already built up.

i believe Owning a profitable business can provide financial stability and a sense of security, and it's not always easy to walk away from that. However, everyone's priorities and situations are different. Sometimes, after years of running a business,

 

[Zikonano]

Deciding when to sell a business depends on various factors, including personal goals, market conditions, and growth potential. Generally, selling at a significant growth stage can fetch a higher price, but it's essential to weigh the potential for further expansion against the offered value. Consulting with experts and considering long-term objectives can help make an informed decision.