One Minute Quiz For Business Owners

NJ Business Profit Loss

Print this page and circle your answers to the following questions. Then click the link at the bottom to see how you scored!

1. Is your business less enjoyable now than before?
YES – or – NO

2. Does your business challenge and excite you less than before?
YES – or – NO

3. Do you think of selling your business more often now than you did before?
YES – or – NO

4. Do you find yourself complaining more lately?
YES – or – NO

5. Has the business come between you and your loved ones?
YES – or – NO

6. Has your business begun to level off or decline?
YES – or – NO

7. Are you concerned you no longer have the stamina your business requires?
YES – or – NO

8. Do you ask yourself “What would I do if I sold”?
YES – or – NO

9. Do you often wonder “What is my business worth”?
YES – or – NO

10. Would you be hesitant to personally guarantee a sizeable loan to grow your business?
YES – or – NO


Have you answered all 10 questions?
If so, click here now to see how you scored.

The Cold, Hard Facts About Buying or Selling a Business:

1. Motivation to buy a business is seldom money.
2. Motivation to sell a business is seldom money.
3. Different types of buyers pay different prices.
4. Only the right buyer pays the right price.
5. No one pays more than they think a business is worth.
6. Different types of businesses will command different prices.
7. Buyers would rather start a business of their own than buy yours.
8. Buyers really want "all the right things to be wrong".
9. Sellers want 100% cash at closing. Buyers want 100% seller financing.
10. It is difficult to find competent advice and counsel when buying or selling a business.

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