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If I want to sell bitcoins, assuming I was successful in either buying them or selling a service or a product and accepting bitcoins instead of normal cash. How can I convert the bitcoins back to cash ?

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Another option would be to use an exchange which can withdrawal USD/EUR (depending what you want). A good option for that is Kraken, as they have very low withdrawal and trading fees. You can trade your bitcoins to USD/EUR, and then withdrawal to your bank account. And no, I am in no way associated with Kraken, just a happy customer there

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You have multiple options:

I'm aware of two:

In person you can use localbitcoins

Via bank account, I think there are several companies providing that service, one of them is Coinbase

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