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WHN · 01-07-2019, 04:53 PM

I have sold two very successful businesses over the last 25 years. In each case the new owners ran them into the ground within a couple of years. New owners think they have a better idea of how things should be done than the old owners. Especially, if the previous owner is older!

95 percent of businesses are sold under duress. Look at Mac’s. Whether you liked them or not, they have changed since being sold. For the better?

01-07-2019, 04:53 PM	#8
WHN Senior Member Join Date: Mar 2017 Location: Connecticut Shoreline Posts: 1,824	Re: LeBaron Bonney Co. I have sold two very successful businesses over the last 25 years. In each case the new owners ran them into the ground within a couple of years. New owners think they have a better idea of how things should be done than the old owners. Especially, if the previous owner is older! 95 percent of businesses are sold under duress. Look at Mac’s. Whether you liked them or not, they have changed since being sold. For the better?