1. 10 Common Mistakes To Avoid When Exiting Your Business

    10 Common Mistakes To Avoid When Exiting Your Business

    I was recently struck by an article written by Mitch Gorochow of the Center for Business Transition at RSM US LLP, the nation’s leading provider of audit, tax and consulting services focused on the middle market. In his piece, Gorochow laid out his case for the top 10 mistakes business owners make when they consider exiting their businesses. It’s worth reading the entirety of the article when you get the chance, but here’s my take on those 10 mistakes Gorochow identifies.

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    1. Who will take care of this business like I do? Who will understand how to run this business like I do? What will happen to my legacy that I dedicated myself to building?
    2. Just having financial independence and flexibility does not lead to fulfillment.
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