There are many personal factors that are likely to influence your decision with regard to when to sell your business. You may need to think about:
- Have your life goals changed?
- When do you want to retire?
- If you are selling within the family, when will you sell and how will this transfer/sale be funded?
- Has your health begun to deteriorate?
- Do you still relish the challenges of running your business?
- Does your business have an heir apparent?
- Will your income stream meet your needs?