Maybe you’re simply eyeing new pursuits and challenges after a long and successful career as a business owner. Alternatively, it might be the case that health issues or some other family considerations are now weighing heavily on your mind. Perhaps you are looking with acute appreciation at the energies and talents of younger family members and feel that now is the right time to react accordingly.
What that might mean in all the above instances is a decision to let go, that is, to finally extricate yourself from the commercial enterprise you created, nurtured and drove to long-term success. Next-decade projections might now be supplanted in your thinking by business succession planning.