Ever wanted your own engine business

[1ntCobra]

Originally Posted by csx4910

Just my 2 cents but after running my own business for almost 5 years I can honestly say that no one would have the knowledge to give me advice about running my business unless they have owned a business similar to mine so I am not sure any of us has the knowledge or experience to give him advice on how to run his business. Everyone has their own reasons when they feel it is time to sell.

Keith, I have never bought a product from you but I can tell you I wish I would of known about you before I bought my Roush. I wish you the beast of luck no matter what happens.
Ron

The advice to consider letting others do some of your work to reduce your workload is not specific to any business, it is pretty generic. Whether he looks for a business partner to buy into the business or finds an employee to help him run the business is up to him, but there are advantages to each situation. Losing a controlling interest in the business might not be a good idea.

Usually when you are selling a business, you don't want to be such an important part of the business that it will fail without you being there. You want to structure the business, so that it can function without you after the sale. If Keith is working all of those hours, is he required for the business to succeed? Will it mean that he will still have to work all of those crazy hours, but not be the owner anymore?