At some point your entrepreneurship spirit will flag. You will either want to move on to the next project, retire, or pass away.

Discuss, using external sources to back up your assertions, what legal issues are important to consider when a sale occurs. How may pre-planning help to smooth the transition (look up buy/sell agreements to get started on that subject)? What about non-competition agreements, asset v. stock purchases, and the like? Be creative here.