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Recent content by summer_ceo

  1. S

    Should I sell my business?

    No. It's not the monthly cost of the lease that's the problem. It's just the lack of freedom by being bound to a lease. If I wanted to close tomorrow it would cost $55k+ in rent for the remainder of the lease. I don't mind waiting the 1.7 months until the lease is up and just not renewing, but I...
  2. S

    Should I sell my business?

    I was using the lease term date as my date to end the business one way or another. I am not sure if we will be given the option of a month to month lease (I assume we will not) or what the the cost will be for this or what would happen if someone else in the building wanted our space (the...
  3. S

    Should I sell my business?

    Could use some entrepreneurial advice... I started my own company as a solo entrepreneur 8 years ago. We have grown substantially in the past 3 years to include 7 FT employees and an office location. We have 1.7 years remaining on our commercial lease and I am strongly leaning towards not...
  4. S

    Business Exit Strategy Advice Please!

    I have a fairly new business (autim therapy-insurance funded) that has grown significantly in the last few years. We are 2 years into a 4 year lease on our office space (in practice for 6 years prior). My original plan was to exit the business when our lease is up in 2 years. I don't love the...
  5. S

    Are all businesses sellable?

    I've owned a business for the last several years (professional-healthcare). In the last 2 years we've doubled in size and revenue. Being a professional, I had no prior business experience and this was my first business venture and am just learning as I go. I had met with a lawyer a while back...
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