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[Reznov]

Sometimes your business run smoother than you expect, till it starts worthing a high value, at this point, would you sell it and use the money to start another business that requires no effort or regular monitor or just keep it as an income source but with monitoring it ?
i personally would sell it to get in something more comfortable, since life isn't all about money :) what about you ? what do you think is right ?

 

[SCAMEXPOSER]

If we continue to believe that people can't trusted then virtually every business owners would have sold their busineses, there more reliable, trustworthy, disciplined , experienced and committed business owners arround.

 

[btcmaker]

If we continue to believe that people can't trusted then virtually every business owners would have sold their busineses, there more reliable, trustworthy, disciplined , experienced and committed business owners arround.

yes i agree with you when a business man lost his good will then he has to sell his business because its not easy to run his business as before he lost his good will... people cant trust any more so its better to sell his business

 

[SCAMEXPOSER]

yes i agree with you when a business man lost his good will then he has to sell his business because its not easy to run his business as before he lost his good will... people cant trust any more so its better to sell his business

You missed the point , there are people who can be trusted to manage busineses, most of these successful business mogul do have children that takes over the leadership or financial management of businesses , sales of business is not a good option.

 

[adventurer]

it's all about you, I mean are you willing to manage this big business or it's just a headache to you ? when you answer this question you can know if you will sell it or keep it

 

[a_jerobon]

it's all about you, I mean are you willing to manage this big business or it's just a headache to you ? when you answer this question you can know if you will sell it or keep it

I agree with you. If you are able to manage the big business then you should keep and use it a source of income. But if you cant and it is keeping you from living the life you love, then sell and start you can manage while living your full life.

 

[SCAMEXPOSER]

I agree with you. If you are able to manage the big business then you should keep and use it a source of income. But if you cant and it is keeping you from living the life you love, then sell and start you can manage while living your full life.

Well that's possible if the person has aquired enough wealth that will sustain his life though it on rare occasion that people sell a big coglamorate.

 

[tray59]

Well that's possible if the person has aquired enough wealth that will sustain his life though it on rare occasion that people sell a big coglamorate.

That is really nice dear but for me I think that if you keep your business your children can also benefit from it in the nearest future ,why sell your business it can also be there as family source of income,I dont think this affect any thing in your personal life.

 

[SCAMEXPOSER]

That is really nice dear but for me I think that if you keep your business your children can also benefit from it in the nearest future ,why sell your business it can also be there as family source of income,I dont think this affect any thing in your personal life.

That's the best option for every one who loves continuity but some individuals don't share that ideology. Some business men don't the kind of children they desire especially in business management and prudency.

 

[Brain]

I will keep mine than starting a new business again when I'm not sure if the new business will fly like this new I'm looking to sell. Will keep and just monitor it.

 

[tray59]

I will keep mine than starting a new business again when I'm not sure if the new business will fly like this new I'm looking to sell. Will keep and just monitor it.

Brain you are very right but have it in mind its depend on the person condition nobody ever sell his high costing business for nothing seek he might have been run into some problem that make hin want to sell the business I will advice if you dont have problem then there is no need for you to market your existing business rather keep it while you use the profit make to open annother type of biz.

 

[SCAMEXPOSER]

If you check the first page from the poster's expression it did show the person should be depressed before selling the business but simply because he another which to me if the new business had assurance I could sell the old and explore the opportunities in the new one.

 

[Rassy011]

It depends on the worth of the business and how much you are going to sell the business if the amount you are going to sell the business is greater than your business turnover in my opinion you can sell it

 

[Brain]

Yeah selling the business will come naturally to me if someone is ready to buy at a price that will interest me for a very long time and I can use the money for something better

 

[Reznov]

yes i agree with you,but,some.time it depends on,the type of business but,if business is still,bringing,you,some good profit you,can,leave it

do you mean i can keep it ? yeah i mean it's fine to keep with putting someone on its head since it will bring you what it costs in the near future

 

[microunit]

Some factors can lead to selling of business like when you are due to pay up your loan to prevent going down is better to sell

well that is if you have a loan in the first place, if you don't have any loan then you would have less problem though reality is that most business was built up from loans

 

[microunit]

I don't think I can ever sell a high costing business that in return brings me a high source of income, I will rather keep the business and keep expanding it.

me either, but there are sometimes situations where you are in no shape to continue to manage your business or some unexpected stuffs happened where you will be prompt to think about selling your business

 

[Saintricks]

Selling won't be the right decision for me since I don't know the outcome of the new business am venturing into. Instead I'll hire a trustworthy personel to monitor and continue the business

 

[Reznov]

It's not advisable to sell one's business, no matter how much you're offered because if you stick to the business and you dedicate your time and efforts, you'll be able to make the amount offered to you for your business by yourself. You can only sell it there is an urgent need for cash and you have no other option, I mean no option whatsoever but if there is an option, don't sell. Stick to it and check what the business is lacking and the business will surely boom.

i know that selling business at some point is a bad thing to do, but the age has rights on you as well, so taking a rest at some age is really a good thing as you can't be a robot for your whole life

 

[Reznov]

The aim of any business is to make profit. When the cost of the business is more than the profit, then the business isn't feasible. It is advisable then to sell the company for a business that has more profit than the cost and a higher future potential.

yes, but that works only in a period of time, for example :
earning of a month : 100$
cost of business : 100K$
in a period of time, you'll get what's the company worths and even more since the earnings have a chance to increase by time

 

[Grace1001]

I will rather keep my high income business than to be a fool loser. No business is waste is better to double your fund to double your income in as long the business is at profit level