Shara Mendelson sold her business, Plum Benefits, which sells discounted entertainment tickets to corporate employees, and went to work for the parent company.
By BRYAN BORZYKOWSKI
A LITTLE over a year ago, Shara Mendelson sold the company she had spent 12 years building.
She was excited that her business,Plum Benefits, which sells discounted entertainment tickets to corporate employees, would now be able to tap into resources that only a larger operation could provide, but she was also nervous about going to work for her parent company. The acquiring business, the Shubert Organization, wanted her to stay for at least a year to help with the move and to continue running her business. But she had heard from friends who had sold companies that hanging around after ceding control can be a nightmare.
“A lot of my friends said this was going to be the worst year of my life,” she said.
Read the full article here http://www.nytimes.com/2012/05/17/business/smallbusiness/small-business-owners-face-a-transition-after-the-sale.html?_r=1&ref=entrepreneurship