Determining whether selling is the right option

Before deciding to sell check whether you:

  • really want to sell or if you just need a break from your business
  • have considered options such as bringing in outside management
  • have the support of family and friends
  • have considered if the market conditions are right for selling
  • will make enough money from the sale to support yourself until a new income source is secured
  • will be restricted from trading in a similar business once you have sold
  • fully understand the implications of selling, by consulting your financial adviser, accountant or lawyer.