CSnotepad of Sussex ask: How do you know when it is time to sell your virtual receptionist company?

Tuesday, December 23rd, 2014

At CSnotepad we have been buying a lot of virtual receptionist companies of various sizes. Of course, selling your company is always a big decision, and it can be an emotionally charged one as well; after all, this is something you’ve worked to build, often from the ground up. So how do you know when it’s the right time to sell?

Is business going badly?

Perhaps the first and most disappointing reason for selling a virtual receptionist company is that business simply isn’t as good as you’d like to be. It’s been a difficult environment for businesses to thrive in for a while, and sometimes even if you do everything right it still doesn’t mean things won’t go wrong.

But even if a business isn’t going well it can still be of value. At CSnotepad we’re buying virtual receptionist companies whether they’re running at a profit or a loss, if they only have a few clients or they’ve got a client base of hundreds.

Selling is the perfect opportunity to make a fresh start, and use what you’ve learned and the capital from your sale to start your next business venture.

Is business going well?

When business is booming it can be almost as much of a letdown as business going badly. Most entrepreneurs enjoy the early stages of setting up a business, finding those first few clients, building a name for your company, establishing yourself in the market. Eventually, when you’ve got a steady stream of clients coming in all the time and you’re an established name, it can be hard to know when to go next, particularly if you’ve already got ideas for your next venture.

This is when it can be a good idea to sell up and start again, returning to the exciting part of building a new company.

Make the right call

Either way, if you’re considering selling up your virtual receptionist business it’s important you have all the information you need before you make your decision. This is why when you speak to us we will always sign nondisclosure agreements to protect you, so that you can discuss your options with us in complete confidence and make the right decision for you and your business.

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