Soundboard

5 Myths About Selling Your Business (and the Truths That Could Save You Money)

houseFortunate Fidelity Jun 11, 2025

Selling your business isn’t like selling a guitar

You can’t just list it, shake a hand, and ride off into the sunset.

A lot of sound company owners believe things that just aren’t true—and it’s costing them.
Below are 5 common myths (and the truths you need to know).


1. “I’ll just sell it to my lead tech.”

The Myth: They know the business, they’ve been around, they’ll figure it out.

The Truth: Running gigs and running a business aren’t the same thing. If they don’t know cash flow, contracts, or client retention, you’re not setting them—or your company—up for success.


2. “I need to sell everything piece by piece.”

The Myth: The only way to retire is to liquidate your gear.

The Truth: You can sell the business as a whole. The crew, the clients, the name, the gear—everything. It’s faster, cleaner, and you get more value for what you built.


3. “I’m too small to sell.”

The Myth: You need a huge company to get bought.

The Truth: If you’ve got steady gigs, a solid crew, and working gear—you’ve got value. You don’t need a 10-million-dollar business. You need a buyer who knows how to see what’s already working.


4. “It’s too complicated.”

The Myth: Selling takes lawyers, months of meetings, and a bunch of headaches.

The Truth: It doesn’t have to. With the right buyer, the process can be simple and smooth. We’ve done it before, and we can walk you through it step by step.


5. “Nobody will care about the crew or clients.”

The Myth: Selling means losing the people and shows that matter most.

The Truth: Not with us. We keep the crew, respect your client list, and protect your legacy. That’s the difference.


Know the truth. Keep the value.

You spent years building this business. Don’t let a few bad myths ruin your exit.

If you’ve got questions, we’ve got answers.
Call us today — and let’s talk about what’s actually possible.