Making the decision to sell your company is a tough one. However, when you decide to do so, make sure its a priority in your life. A common mistake is when a seller starts the marketing process and its not a priority, its becomes obvious to buyers. Unlike a residential real estate transaction, there are only a limited number of buyers for any business. If a buyer walks, many times they will not come back.
Ten Entrepreneurial Mistakes
It’s hard to avoid certain mistakes, especially when you face a situation for the first time. In fact, many of the following mistakes are hard to avoid even if you’re an old hand. Of course, these are not the only mistakes CEOs make, but they sure are common enough. Take the following self assessment: give yourself ten points for each of these entrepreneurial blunders you are in the process of making. Deduct five points for those you have narrowly avoided. Your score, of cour…