Why do this ?

The key determinant on whether Business Owner Transition is right for you is whether your business has growth potential that a talented person with capital can exploit. 

The general criteria is :

$2M to $20M turnover

Must have growth potential and be profitable

Established businesses – no start-ups

Owner must be open to a Business Partner working in their business and a more gradual exit- generally over 2-4 years

Because you still get dividends and higher capital payments as you exit, you will create more wealth over time than an outright sale.