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...
by Douglas Brown | Sep 5, 2026 | Overwhelm
Running a business is demanding and can lead to significant stress and burnout over time. When owners feel overwhelmed or lose passion for their work, it might be time to consider exiting. Burnout can affect decision-making and overall business performance, making it...
