As a previous business owner, I know from experience that selling your business is the hardest decision you will ever make.
While it can be tempting to stay in business and remain as an owner as long as possible, you should consider selling while your business is on top and making money. Too often business owners sell only when something forces them to, such as divorce, illness, a split with a partner, retirement, or when they face a poor market or face the risk of bankruptcy.
Businesses that are trending downward will not attract buyers like businesses that show a solid past performance with potential for growth. The ideal time to think about the future of your business is now!