11

C hAp t e r

After You Open—Keeping on the Path to Success ....................................

Introduction .............................................................................................................................................................. 18 4

Watch Out for Problem Areas ......................................................................................................................... 184

It’s Lonely at the Top .................................................................................................................................. 18 4

Anticipate Problems Before They Arise............................................................................................ 185

You May Be the Problem and Not the Solution .......................................................................... 186

Plan Beyond Opening Day ....................................................................................................................... 186

Know When You’ve Succeeded—Or Failed .................................................................................. 187

Prepare for Success ...................................................................................................................................... 188

Getting Out of Business ...................................................................................................................................... 189

Lock the Doors and Leave........................................................................................................................ 189

Sell the Business ............................................................................................................................................ 18 9

Close the Business and Negotiate With Your Creditors.......................................................... 190

Hold a Going Out of Business Sale ...................................................................................................... 190

Declare Bankruptcy ..................................................................................................................................... 19 0