“Given the Herculean effort that most people put into building their businesses, it’s amazing how many of them fail to plan their exit. Serendipity often rules, with many accepting apparently flattering or friendly offers without bothering to market their businesses.”
Seems there are a number of us now saying similar things…
This most accurate comment is from an article in the Telegraph in the UK.
Successfully passing on businesses – whether publicly traded or private – to the next generation of owner-managers and entrepreneurs is vital. Yet there has also been a surge in first-time founders of double-digit turnover companies selling out too early.
Good reading to be found here…
