There is a very strong correlation between employee happiness and client happiness.
Your cofounder has left the company. You, as the driver of your employees, have lost the passion for your business. Any other employees you might have will see this as an issue and it will bring their moods down, and in turn it will affect how they serve your clients.
Ergo, your clients are leaving because you are unhappy.
If you want to sell the business, try to fix that first.
Potential buyers would be either the people to whom your clients are turning for their business now that you are letting them down (you can pitch that they can expand their business quickly and easily) or to someone who is not currently in this business at all but provides complementary services (would allow them to diversify their offerings to existing clients.)
But as a business owner, you already should know that you cannot come from a place of weakness in those conversations – you have to sell yourself on why they can’t pass up the deal.
If your business is dying (or dead), then how much you made last year doesn’t matter.
Originally Posted: https://www.quora.com/Is-it-time-to-sell-my-company
Originally Posted On: 2015-05-28