Some day, one way or another, someone else is going to be operating your club. How and when you reach that point is largely up to you. Realtor Winston Hines offers some tips on what club owners should do now in preparation for potential retirement.
You’ve worked seven nights and days a week for years on end, inhaled enough estrogen and hormones to get pregnant yourself, personally dealt with crazy patrons and involuntary partners (sticky-fingered employees), paid out stacks of your hard-earned money to high-priced attorneys to keep you in business and/or in compliance with whatever government entity decided to mess with you just last week …and now you’re reading an article about giving all that up? Getting out and having a life? Counting all that moolah your club is worth? Well, hang in there first.
Source: EXPO test feed