Thinking Of Selling? Consider Becoming A Partial Shareholder

You're working hard in your business—so hard, in fact, that there's literally no time to work on it anymore. Less-than-enjoyable mundane tasks dominate your days, not to mention your evenings, leaving no time for the big-picture strategizing—the stuff that lured you into entrepreneurialism in the first place. But the business is doing well—really well, in fact. Which makes you wonder: should you stick it out, even if you don't love it anymore? Or sell it and move on?

For many private business owners, this is an all-too-familiar scenario, and one that drives many to sell 100 percent of the business to the highest bidder. Few pause to consider another option: selling less than 100 percent and staying on as a partial shareholder.