A business exit's most critical element is a business owner
coming to terms with his or her retirement and succession. Owners
often are emotionally attached to their businesses; a business is
not just what you do but who you are.
When I exited my business, I struggled with losing my community
identity, as well as my relationships with my team and customers.
So when you start considering your business exit, ask yourself: "Am
I really ready?"
Business owners are well-advised to objectively assess how
mentally prepared they are to leave the businesses that are such a
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