Life after selling

The business has been sold (the vendor)

It’s all over. Your baby is gone. Your reason for getting up in the morning and your day-to-day lifestyle for many years has taken a different turn. You have said goodbye to your employees, your suppliers and your customers, with whom you’ve developed a relationship that often extended beyond a business relationship. What turns will your life now take? Trips, do-it-yourself projects, time for your friends and family? Maybe even some volunteer work in your community for a cause dear to your heart? Life does go on! It is taking another tangent, but just like the choice you made to go into business a few years ago, this new life will require some reflection and a minimum of planning to ensure it is a success. It is up to you to make this new project a success!

I’ve bought a business (the purchaser)

Your dream has now become reality – you own your business. But building a dream does bring its share of concessions and efforts. You must believe in it and have a vision and pursue it. This choice will affect all aspects of your professional, personal and family life. Your business will become your DNA. There will be no limit to the hours you spend working, and you will have significant responsibilities to your employees, suppliers and customers. Careful planning of all aspects of your life will be a must in order to strike a balance that will enable you to be successful in business and in life. Many years of challenges and self-fulfillment lie ahead, and it is up to you to make this new project a success!