Changeover Not Always Smooth When selling A Business

The new owner of your small business may not want you involved after both parties sign the sales contract. This is something you (as current owner), needs to be mentally prepared for. Don’t automatically assume there will be a place for you, even in a part-time or business consulting role. Regardless of your ability, or knowledge of the business, the new owner may not want you to be involved. A new broom sweeps clean. The new owner could see you as a threat to the vision that he or she has for the business.

Naturally, when things go wrong, it is likely you will be blamed for selling them "a dog."

Click here for more information on selling a business with proven-to-work tips, ideas and techniques for a smooth sales process.