10X Business Broker Mergers & Acquisitions’ Post

Why Do People Sell Their Business? 💥 Burnout Burnout is a common but often hidden reason for selling a business. Many entrepreneurs work 50–60 hours a week for years without breaks, leading to exhaustion. If you haven’t built systems or a strong team to help you step away and recharge, selling could be the key to reclaiming your well-being. Get a Free Business Valuation ⬇️⬇️⬇️ https://lnkd.in/g6Nv45-r 10X Business Broker – Confidential, Trusted, & Experienced. We 10X Your Service, Results and Offers www.10xbusinessbroker.com #retirement #businessbroker #businessgrowth

Why Do People Sell Their Business? 💥 Burnout Burnout is a common but often hidden reason for selling a business. Many entrepreneurs work 50–60 hours a week for years without breaks, leading to exhaustion. If you haven’t built systems or a strong team to help you step away and recharge, selling could be the key to reclaiming your well-being. Get a Free Business Valuation ⬇️⬇️⬇️ https://lnkd.in/gPeFS_4g 10X Business Broker – Confidential, Trusted, & Experienced. We 10X Your Service, Results and Offers www.10xbusinessbroker.com #retirement #businessbroker #businessgrowth

One Main Reason People Sell Their Business 💥Burnout “Burnout” is a legitimate reason for selling a business, but many sellers believe they must keep their lack of passion for the business a secret from the buyer. Many entrepreneurs are tired after working 50 to 60 hours per week in their business, with no vacations for decades. They likely have not successfully built processes and a management team that allowed them to escape the business to rejuvenate regularly. Selling your business might be a way to prioritize your well-being. Get a Free Business Valuation ⬇️⬇️⬇️ https://lnkd.in/gR3i_-eA 10X Business Broker – Confidential, Trusted, & Experienced. We 10X Your Service, Results and Offers www.10xbusinessbroker.com #retirement #businessbroker #businessgrowth

Establishing and building a successful business can be an extremely rewarding experience. However, many entrepreneurs are so busy running their business that they forget to make an exit plan. Deciding if and when to sell your business can be complicated, but if you are guided by the right experts and you plan ahead, you can smoothly transition ownership when you're ready so that you can begin the next chapter of your life. You will have more options when you're ready to sell if you start preparing several years in advance. Would you benefit from speaking with an attorney about how to prepare your business and your business records for a potential sale in the future? If so, call me at 918-608-1836 to schedule an appointment. I can help you make your prospective sale a reality. #successionplanning #retirement #entreprenuer

One Main Reason People Sell Their Business 💥Burnout “Burnout” is a legitimate reason for selling a business, but many sellers believe they must keep their lack of passion for the business a secret from the buyer. Many entrepreneurs are tired after working 50 to 60 hours per week in their business, with no vacations for decades. They likely have not successfully built processes and a management team that allowed them to escape the business to rejuvenate regularly. Selling your business might be a way to prioritize your well-being. Get a Free Business Valuation ⬇️⬇️⬇️ https://lnkd.in/g_nPcRXE 10X Business Broker – Confidential, Trusted, & Experienced. We 10X Your Service, Results and Offers www.10xbusinessbroker.com #retirement #businessbroker #businessgrowth

Ann Quinn's advice to business owners is on the nose. As an investment banker whose been positioning companies to buyers and investors successfully for decades, I suggest heeding it long before you think you need to. #exitplan #sellingyourbusiness #mergersandacquisitions

🍁September's Theme 🍂Business Ownership 💼 Evaluating the Financial Risks of Leaving Your Job 📊 #16🚀 Best Practices: Before jumping into entrepreneurship, it's critical to assess the financial risks with a clear head. Here's a quick breakdown to help you prepare: 🏠 Calculate your current living expenses and project how they might change when you're no longer receiving a steady paycheck. Don’t forget about housing, utilities, and day-to-day costs. 🏥 Healthcare and benefits—consider the costs of losing employer-provided benefits. Can you afford private insurance or other alternatives? 💰 Evaluate your savings—how long could they sustain you if your business takes time to turn a profit? You’ll want to ensure you have a financial buffer. 📈 Research the revenue trajectory for businesses in your chosen industry. How long before they typically break even or become profitable? 🛑 Prepare for worst-case scenarios—what if business is slower than expected, or you hit a rough patch? Have a plan to deal with setbacks. 🏦 Don't forget about retirement savings—without employer contributions, you’ll need to manage this on your own. This isn’t meant to scare you off—it’s about making informed, smart decisions. Knowing the risks and planning for them now can increase your chances of long-term success and help you transition confidently into entrepreneurship. 🔑 💪🏼As a Franchise Development Agent with Quantum Franchise Group, I help you begin your journey from aspiring entrepreneur to business owner—and ultimately, a subject matter expert—with one of the 800+ companies across 37 industries that we represent. And there is no cost to you for my services! 🔥Let’s get started! Introduce yourself here: 👉: franchisewithwendy.com 💼 #FinancialPlanning 💼 #EntrepreneurialRisk 🚀 #CareerTransition 🔄 #StartupFinances 📊 #BusinessPreparation 🛠️ #BePrepared

Business owners: What’s your exit strategy? Here’s the truth: Most entrepreneurs pour their heart into building their business but don’t think about how they’ll eventually step away. Relying on the sale of your business alone is a gamble. Markets change, buyers disappear, and valuations can surprise you (and not always in a good way). The good news? You have options: Solo 401(k): Ideal for the self-employed. SEP IRA: Simple and flexible for small teams. Cash Balance Plans: Perfect for high earners. 401(k) Plans: Retain top talent while saving for yourself. A smart retirement plan diversifies your future—and doesn’t leave it all riding on your business. Have you thought about what’s next? If not, now is the time to start. 🚀 #BusinessOwners #RetirementPlanning #FinancialFreedom #Entrepreneurship