Is a Difficult Year Changing How You Feel About Your Business?
By Greg Johnson
A difficult year can change the way a business owner feels about everything. What once felt energising can start to feel exhausting. Decisions become heavier. Problems that were once manageable begin to feel constant. The owner starts to question whether they still want to keep going.
I have seen this many times. An owner may say they are ready to sell, but when we look more closely, the real issue is not always the business itself. It may be declining margins, staff pressure, customer concentration, cash flow strain or the simple fact that the owner has been carrying too much for too long.
Pressure can distort perspective
When a business is under pressure, it is easy to make long-term decisions based on short-term frustration.
For example, I have worked with owners in manufacturing, distribution and professional services who reached a point where they felt they had had enough. Revenue had softened, labour costs had increased and the owner was still responsible for too many decisions. Their first instinct was to sell.
But after stepping back, the real issue became clearer. The business was not necessarily broken. The owner was tired, the management structure was weak and too much knowledge and responsibility remained with one person. That is a very different problem.
Wanting relief is not always the same as wanting to exit
Sometimes, owners do not truly want to leave the business. They want relief from the pressure of running it.That relief might come from appointing a stronger manager, improving financial reporting, reducing involvement in day-to-day operations or addressing an underperforming area of the business.
In other cases, the difficult year simply confirms what the owner has already been feeling for some time. Their energy has changed, their priorities have shifted and the business no longer fits the future they want. Both situations are valid, but they require different responses.
The important question is what has changed.
Before deciding what comes next, it is worth asking:
Has the business changed, or have I changed?
Is the pressure temporary, or has it become the normal way the business operates?
Do I want to leave, or do I simply want a different role?
Would stronger management improve the situation?
Am I still willing to invest the time and energy required to move the business forward?
These are not easy questions, but they often bring greater clarity.
A sale should be a deliberate decision
Selling a business can be the right outcome, but it should not be treated as an escape from a difficult period.A rushed decision can reduce value, weaken negotiating power and place the owner under even more pressure.
The strongest sale outcomes usually occur when the owner has time to prepare, improve the quality of earnings, reduce owner dependence and clearly define what they want from the transaction. That takes planning.
Give yourself the space to decide
A difficult year may be telling you something important. It may be highlighting weaknesses in the business. It may be exposing how dependent the business has become on you. Or it may be confirming that your priorities have changed.
The key is not to ignore the feeling, but also not to react to it too quickly. Sometimes, the right decision is to improve the business and stay. Sometimes, it is to step back into a different role. And sometimes, it is to begin preparing for a sale. The important thing is to make that decision with clarity, not exhaustion.
If this year has changed how you feel about your business, it may be worth taking the time to consider whether you need a better business, a different role, or a clear plan to move on. A clear, independent conversation can help you work out whether the answer is to improve the business, change your role, or begin planning for what comes next.
Book your free consultation here.