Has your business gotten to the point where it needs a large capital infusion to grow? But taking on personal guarantees for that amount of debt is more than you can stomach? We hear this all the time. For some business owners, this is the sign to exit their business.
For others, though, it’s a sign that it’s time to find new business partners. A partial sale, whether you keep a majority or minority stake, could add considerable value to your business.
The right buyer can provide the capital to help you grow while reducing your personal risk. They can become your own private financial team, committed to helping you get the resources you need to build your business, all without the personal guarantee that once was mandatory.