Just musing about finances

[anythinginapinch]

Say your business was a big success and you could either take out 150k a year for life and have someone else run it, OR sell it for say £4m but that's it - no more where that came from - which would you prefer?!

Sell it. And then set up another one!

Well, £150,000 per year would last 27 years before you made £4m.

I would sell the company and get all the money now because God knows what the situation will be like in 27 years time.

Sell , without question

Sell

Doesn't it depend in part on the prospects for growth? Presumably there's a version where you take £150k for now and then sell at a possibly higher valuation later (but risk of lower too).