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Why sell one's enterprise?
Entrepreneurs like challenge, innovation and risk.
They may want to sell their Enterprise when the Enterprise is going well: its Model is pertinent, growth is there, the results too.
It is often the time when they want another adventure. -
How do we go about finding a buyer?
This is one experience the entrepreneur does not have: it is better to get help from specialists who understand the Enterprise Model, know how to present it, know who the potentials buyers are and how to lead this type of negotiation.
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What do we do after selling?
Carry on, but it is often for a limited time: it is difficult to stay in a larger structure with its own standards, its own Culture, when we were responsible for our enterprise.
If the acquisition results in a merger with another, already existing entity at the buyer's, the challenge may interest the entrepreneur.
They can also restart an activity or act as a business angel to help other entrepreneurs.

The story of George the Baker is made available under the terms of the
Creative Commons Attribution - NoDerivatives 4.0 International license.