Start thinking about “the fun factor.”
by August J. Aquila
Aquila Global Advisers
No heir apparent – What does the small firm do? Unfortunately there is no silver bullet or magic solution to solve this problem.
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I do, however, have some solid suggestions that may help you work through the problem. And, if you start sooner than later, you will have a better chance of successfully passing the baton to someone else.
How do I know it’s time to sell or merge? There is perhaps one key indicator that it’s time for you to move on or do something else. I call it the “Fun Factor.”
1. Ask yourself these simple questions:
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