Your business has done very well for itself, and you're in a position where you can continue to grow it or opt to merge with another corporation. A merger occurs when you agree to sell your company or merge it with another larger corporation. You might do this to eliminate the risk of confusion by consumers or to sell off your business to go on to do other things yourself.
How common is long-term success in the small business world?
All entrepreneurs hope their new company will be a big hit. But how likely, in general, are small businesses to be successful?