3. Low Inflation
Here I go again with another crazy chart. But don't worry: This time it only goes back to the 1870s. (I know, I know: Back then they weren't even smart enough to have invented fro-yo so can we possibly rely on their calculation of interest rates? Fine, but just work with me on this.) According to the analysis, the 10-year moving average of inflation has been 2.46 percent, and the country's most current annualized inflation rate, according to the Bureau of Labor Statistics, is 1.47 percent. Only the Phillies team batting average is lower. Rates are so low it's almost criminal to put money into a savings account. This is why investors are desperate to find places to park their money and still get a decent rate of return. Savings and money markets aren't going to cut it. The exuberant stock market is a refuge. But what else? Exactly. Your business. With borrowing rates so cheap and the options for making money elsewhere limited, how about investing in a nice little company? It's a good pitch.
4. Low Taxes
This chart shows a history of taxes on capital gains going back to the early 20th century. The capital gains tax rates, as part of this year's effort to stave off the dreaded "fiscal cliff," were raised from 15 percent to 20 percent. But, as you can see in the chart, these rates are still significantly lower than they were between 1936 (40 percent) through the mid 1990s (28 percent). This means that if you sell your business now the tax rate on the capital gain you'll likely realize is at a historically low level. Now, turn to C-Span and watch what's going on in D.C. You'll hear a lot of talk about deficits and the national debt and how in the world it will get paid back. And then there will be more rumblings about increasing taxes (like capital gains) on those dirty, rotten, wealthy people again. That's you. With taxes at such relative low levels, what better time is it to consider selling out?
(Read More: Common Sense, Fairness and California's Retroactive Tax on Entrepreneurs)
Finally, this is a photo of Honey Boo Boo. She stars in the enormously popular show called Here Comes Honey Boo Boo on TLC. The show features the seven-year-old child beauty pageant participant (her real name is Alana Thompson) and her mom, dad, and three older sisters. The show is mostly filmed in and around the family's hometown in rural McIntyre, Georgia, which makes suburban Mumbai look like Park Avenue. According to some reports, the family is paid a salary of $50,000 per episode. So if this isn't a clear indication that the country is absolutely going to hell, and you better sell your business and move to Canada, I don't know what is.
OK, let's compromise. These are 4.5 good reasons you should consider selling your business sometime in the next few years. I know you may have emotional ties holding you back. It's your baby. You built it from scratch. You inherited it from your parents. But the smart business people I know look at their companies as nothing more than assets. I know this sounds a little cold, but it's just the truth. And anyone who knows anything about business knows that you buy low and sell high. And now just may be that selling-high time. Look: if Honey Boo Boo's family can make $50K an episode shouldn't you be cashing in too?