by Douglas Brown | Sep 9, 2026 | Retiring, Someday risk
The best reason to transfer ownership of your business: it’s time. The time that you chose, not the time that chose you. Many business owners eventually reach a stage in life where they want to retire and enjoy the fruits of their labor. After years or even...
by Douglas Brown | Sep 9, 2026 | Opportunity, Someday risk, Upside vision
Why would a successful business owner turn all their attention to a new line of business, or even jump to an entirely new business, when there is still much to be done in the existing business? Because they can 😜 It’s what entrepreneurs do. Not every small...
by Douglas Brown | Sep 8, 2026 | Someday reasons, Someday risk
Life events such as caring for aging parents, raising children, or relocating for a spouse’s career can make it challenging to maintain full-time business responsibilities. In such situations, stepping away from maximum involvement in the business can provide...
by Douglas Brown | Sep 8, 2026 | Someday reasons, Someday risk
Significant shifts in the market can impact a business’s viability and prompt an owner to exit. Technological advancements, changing consumer preferences, or increased competition can render a business model obsolete. In such cases, owners might decide to sell...
by Douglas Brown | Sep 8, 2026 | Profits, Someday risk
Many owners find themselves digging into their own pockets, or their own credit, if their company hits a rough spot. Keep that up, and you don’t own a business. You own a charity that provides jobs for people and offers goods and services at a loss. At least until you...
