Those who own family businesses understand the challenges that come with this responsibility. When it comes time for selling the family business, the decision involves a number of factors, since a business that has been passed down through generations is apt to have more emotional ties.

When determining whether to forego paychecks for Social Security checks, a small business owner must consider a great deal more than which flavor of cake to serve at the retirement party. As many small business owners have discovered, retiring from small business requires an abundance of planning.

Considering the ownership of the property on which a business operates is an important facet of selling a business. The question of who owns it and whether or not the buyer will acquire the real estate upon the close can add another level of complication to the process of selling a business. The following are pieces of advice that a broker may offer to someone selling a business who also owns the property on which it resides.