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The Question: Should you begin preparing your succession plan or perhaps begin preparing to sell your business? 0 -3 Yes Congratulations! You are happy and probably quite prosperous in your business. Keep it up. 4-6 Yes Pay attention to your "early warning" signals!" It is best not to make the mistake of staying too long! Go out on top. Sell while you are still having fun. Best to start the planning process early. The actual succession or sale process can take a long time. 7-10 Yes Don't let time spoil the fruits of your labor. Most great men and women in history have had more than one career. Time for you to decide that you want a change. Choose what you want to do next, then act. This quiz has been condensed from the book "In and Out of Business... Happily." |
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