Selling a Business – A Profitable Experience
Over the past few years we have seen quite a few huge companies sell their business or part of their business. Most of us remember the recent acquisitions: WhatsApp and Instagram sold to Facebook; Tumblr to Yahoo; Waze, Picasa and QuickOffice WhatsApp business to Google; Nokia and Dell to Microsoft, and the list just goes on even beyond the technology department.
When such huge companies or simply rights to a huge product can be sold and made profit from, why are people afraid to do the same while selling their businesses on a smaller scale? It's about time we broke the barrier that forms with the thought that selling a business is taboo, because out there you can sell your business. With profit, that too!
Selling your business was always considered a bad move,...