Book FREE 30min Consultation Book FREE 30min Consultation

Deciding to keep your business in the family or to sell up


Keeping your business in the family


Selling to management or employees


The crucial question is: Are any of your staff members interested in taking over your business?

  • Finding out who’s most interested in continuing your business over the long-term.
  • Whether your staff can find sufficient capital to buy you out.

Being bought out by your business partner


On the downside, your business partner will have a strong bargaining position perhaps not agreeing with your preferred selling price.


Offering your business to investors


There are often two types of investors, namely:

  • A strategic buyer – who wants your share of the market. These buyers may see your business as a natural extension of their own.
  • A financial buyer – who simply wants to make your profits, assets, and the value of your business their own.


There are some businesses that naturally work as franchises – where the original business is replicated multiple times but with different owners and royalties paid to the original owner.

Franchising your business involves plenty of forward thinking – you’ll need time to determine whether your business would work as a franchise, to get a few franchises up and running with the right training manuals and standardized products or services.

Following expansion, you may find yourself in a position to sell your original branch and to live off the royalties into retirement.

    Share this