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Exiting your business? Ask yourself these questions

Wed 13 Aug 2008  | Rate Now

Before selling a business the owner should always enter into a period of introspection and ask themselves some questions, says Christopher Jenkins, senior partner of mid-tier accountancy firm Wingrave Yeats. Businesses often out-grow their entrepreneur founders. Owner-managers need to remain aware of their skillsets and ability to take their company forward. There’s also the economic climate to consider. And entrepreneurs should always be prepared to postpone the sale, he adds.

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Wingrave Yeats

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Before selling a business the owner should always enter into a period of introspection and ask themselves some questions, says Christopher Jenkins, senior partner of mid-tier accountancy firm Wingrave Yeats. Businesses often out-grow their entrepreneur founders. Owner-managers need to remain aware of their skillsets and ability to take their company forward. There’s also the economic climate to consider. And entrepreneurs should always be prepared to postpone the sale, he adds.