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How to Talk to Your Family Over the Holidays About Selling Your Business

The holiday season is usually a time for cozy fires, too much food, and dodging questions about your dating life. But this year, nestled between the carols and the gift-giving, there might be a much bigger topic on your mind: selling the business.


For many entrepreneurs, the business isn't just an asset; it's a member of the family. It's the reason for countless missed dinners, early mornings, and the pride in your family's eyes. Bringing up its sale, especially during a time meant for peace and togetherness, can feel like throwing a wrench into the holiday cheer.


But the holidays—specifically those low-key, relaxed moments—can actually be the best time to have this important conversation. Here’s a human, relatable guide on how to talk to your family about selling your business without spoiling the Christmas ham.


1. Ditch the Boardroom Language

Your family doesn't need a P&L statement or a market analysis. They need to understand the why—the emotional, personal reason behind this massive decision.


  • Avoid: "We’ve analyzed the current valuation multiples and determined that Q1 is the optimal time for an exit strategy due to impending interest rate adjustments."

  • Instead, Talk About the Future: "I’ve been thinking a lot lately about what the next chapter looks like. Remember how we always wanted to spend a summer traveling Europe? Selling the business now would give us the freedom and resources to finally do that, while I still have the energy to enjoy it."


Focus on the benefits to them: more time together, reduced stress, and the fulfillment of shared dreams.


2. Pick the Right Moment (It's Not Christmas Morning)

The moment everyone is exhausted from unwrapping presents or is three minutes away from digging into a meal is not the time for life-altering discussions.


Look for a "safe space" moment:


  • The Post-Meal Lull: After the big holiday dinner, when the pressure is off, and everyone is relaxed (maybe a little sleepy).

  • A Quiet Drive: If you’re driving back from a family event, the car can be a surprisingly good place for deep talks—you have undivided attention and no one has to stare at anyone else.

  • A Pre-Planned "Coffee Chat": If your decision is firm, invite the key players (spouse, adult children) to a dedicated, low-pressure meeting away from the main festivities. Frame it as: "I’d love to talk to you about something important for our future. Can we grab coffee on Tuesday?"

3. Anticipate the Three Key Emotional Reactions


Your family's initial reaction will likely fall into one of three categories. Be ready for them.


Emotional Reaction

Likely Question/Statement

How to Respond

Grief/Loss

"But what about the legacy? This company is who we are!"

Acknowledge the loss. "I feel that, too. It’s hard to let go of what we built. But the real legacy is the security and time we'll have together now."

Fear/Insecurity

"What will you do? Will we be okay financially?"

Reassure them. "I’m not retiring tomorrow; this process takes time. And yes, financially, we will be more than okay. This move is about securing our future, not risking it."

Excitement/Opportunity

"That’s amazing! We can finally move closer to the grandkids!"

Lean into the positivity. "Exactly! Let’s focus on those dreams. What are you most excited about doing with this new freedom?"

4. Define the Next Steps (But Don't Overwhelm)

The conversation should end with clarity, not confusion. Your family needs to know that this isn't just a fleeting idea—it's a plan, and you have experts to guide you.


The most crucial piece of information you can provide is the role of KReate Business Brokers.


  • Your Key Message: "I’ve done my research, and I’m going to be working with KReate Business Brokers. They are experts in confidential sales and making sure we get the maximum value. They handle the hard parts and make sure my focus can stay on running the business until the sale is final, and on us."

  • Actionable Next Step: Tell them what happens next. "I'm going to have a confidential meeting with KReate in January to start the formal process. I promise to keep you updated every step of the way."


Selling a business is a major life change, but when done thoughtfully and with the support of your family, it can be the best gift you give them this holiday season: the gift of peace, time, and a secure future. Let KReate Business Brokers help you manage the transaction so you can focus on the relationships.

 
 
 

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