The decision to sell your business is a daunting one. There are a number of financial, intellectual, and emotional considerations to be made along this journey to maximize the outcome you seek.

Assuming you intend to stick around for a period of time post transaction, understanding a key aspect of this decision will significantly increase the chances of you having a positive experience. The decision to sell is largely an autonomy trade. You want something from the partnership, the “stuff”, the exchange amongst other things is losing a degree of autonomy. Today you call all the shots. As a part of a new team, you won’t call all the shots. You just need a clear understanding of what shots you will still be permitted to call, and determine if you are comfortable with that.

    Let's find out where you land on the autonomy trade spectrum