Nov 1, 1990

Beats Watching Paint Dry

Chart depicting survey on why small-business owners want to sell their companies.

 

NOVEMBER 1990

Why small business owners want to sell

Boredom/burnout 54%

Lack of capital 11%

Children have no 10%

interest in running

the business

Desire for liquidity 10%

Age and health 8%

Other interest 7%

Source: Survey of 450 owners of small and midsize businesses who are prospective sellers. The Geneva Cos., Irvine, Calif., 1990.