How to Gain Closure Before Leaving a Business

Want to feel better about the transition you’re making? To move on to the next stage of life, it’s critical for owners to gain a strong sense of closing one door and opening another, writes Platinum’s Jim Gambone in a recent online article for Business Journals.

According to Jim, “A simple transition tool for these boomer owners is a letter to the new owner to share their feelings and concerns. The mere act of writing down one’s thoughts and reflections can be a liberating activity for gaining closure. It also can help the younger owner appreciate the historical context of the business that he or she will be running in the future.”

For a sample letter, read the article: “How a Baby Boomer can gain closure after selling a business.”

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