Have you ever sold out your business and for what reason?

[Stardom22]

For me l can say that l had never sold out any business of any kind to other people. I only remember that l bought a business that was almost collapsing for sure.

 

[eLdavis]

My current business is my first business, and I don't have any plans of selling it anytime soon, so I have never sold any business.

 

[Augusta]

Nope not yet but people do for various reasons like bankruptcy, tired of the business of relocation moves

 

[Suba]

I have never sold out my business, but I have bought a business license in the form of a business entity.

 

[Xtynehappy]

Most people does sell their businesses due to some reasons including downtime in business progress, lack of business market among other reasons.

 

[Starmix]

There is no reason to sell my business. I always see in mind the time I started doing business. It's not easy to start. Instead of selling I am planning to duplicate my milk tea business.

 

[magnus2022]

I have not and i don't like the idea of selling out a business. I can only sell my business if there is no other better alternative.

 

[Kera]

I know some friends that have sold their businesses and it was because they had an offer that was too tempting.

 

[Starmix]

Those who sold their business migrated to other countries like my friend owner of a pharmacy. She sold her pharmacy and migrated to United States of America legally. She's operating a pharmacy there in Chicago.

 

[Augusta]

The thing is that they can different reasons for this. it could be the person just wants money

 

[Miley]

Yes I have ever sold out my business my main reasons was because there was no money to pay the rent of shop I use.

 

[Augusta]

That's means that your business wasn't making profit or was making very little for you to get by and pay your rent

 

[King Belieal]

I am yet to understand how and why people sell out their businesses. I think it is always a very difficult decision to make at that point.

 

[Stardom22]

I have seen that most businessemen sell out their businesses when they are in a bankruptcy state or almost collapsing businesses.

 

[Trush Jodie]

There are various reasons that people might sell their businesses. It could be for personal reasons like having to relocate.

 

[abra10]

Unfortunately , yes because in 2019 , l do not make so much money from my business. I spent 3000 but no big profits. It is long story and the project is selling the oil of car engines

 

[Augusta]

A lot of people don't waste time on this as they prefer to recoup some money spent to establish the business than nothing

 

[Nomad]

I have sold my online businesses multiple times and I sold them for immediate profits as I found selling was more profitable than running

 

[Starmix]

I will never sell my offline and online business. I worked hard for them to grow profitably. Some busines owners might have done selling their businesses. They might migrate abroad or prefer to stay in a comfort zone.

 

[Augusta]

From the look of things if you can no longer run a business it is good to quit such a business