9/28/2004

Selling Your Business

From the WSJ StartupJournal:

"Given the emotional trouble many entrepreneurs have selling or passing on their businesses, you would think they were giving away one of their own children.

In many cases, that is exactly how they feel about the entity they have helped nurture, cultivate and watch grow over the years. So when it is time for that baby, as well as the entrepreneur, to move on to the next phase of their respective lives, there are a variety of issues to iron out before even thinking about things like getting the best sale price or minimizing tax implications. "