At element a business considers selling their business. Sometimes it is solely a fleeting thought. Sometimes its an inspiration of "I dont need this anymore, get me out". Also its an effectively planned out progressive process. You want to trade your business- how would you sell it for more?

Being stubborn and keeping losses when they may be small and reasonable is often a big mistake. Most may get out cheaply, but because individuals are human, emotions take. You don't want to take a loss, so you wait and you hope, until your loss gets so large it cost you dearly. This is undoubtedly the number one mistake most investors make