What a lot of people don’t realize, is that when a franchised business is sold, it will typically command a higher valuation, than a “mom and pop” shop. And you may have heard before – one of the best reasons to buy a business is to sell a business.
You’re tired of working for someone else, you want to leave a legacy, you want to move, you want a business for your kids or you retired and turns out you weren’t done. These are the reasons given most often. What’s your why?
Deciding when to move on is always a tough decision, whether it’s a job, a relationship, or a volunteer position. Believe me, I know the feeling. I loved my career for fifteen years. Then I stayed on for five more.