How the Sale of a Business Can Go Terribly Wrong - NYTimes.com

Should be titled, "How a Business Coach Breached Sale Confidentiality and Nearly Destroyed a Business"

"By 2009, Holly Hunter had had enough. She had worked for many years building a very nice financial services practice. Her business provided a great living, with loyal clients and a nice stream of recurring revenue — all things that many owners of microbusinesses can only dream of achieving.

Then came 2008. The stock market fell, Ms. Hunter was feeling a little older, and she started to think about some other goals she had in mind beyond her business. Among other things, she wanted to spend six months a year living off the grid. She decided it was time to sell the practice. With recurring revenue and few employees, financial services practices can be the perfect microbusinesses to own — but they are not easy to sell. That’s when things get complicated."

How the Sale of a Business Can Go Terribly Wrong - NYTimes.com:

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.