What is an Exit Strategy?

An exit strategy is more than a way to unload your business. That would just be an exit. An exit strategy is just that: a well-designed plan that considers and incorporates both the condition of your company now and where you expect it to be in the future, as well as your personal goals now and in the future. It is your insurance policy that, when the time comes, you are in control of when, where, and to whom you can sell your business.

Seventy percent (yes, that is 70%) of all businesses that are listed for sale do not sell. I have written this book so that business owners could have good, solid information before hiring an attorney or dealing with a business broker. You should have the best information and the best guidance in preparing your business for sale.

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• Business & Money

• Publication Date: January 10, 2010
• Text-to-Speech: Enabled
• Lending: Disabled
• Print Length: 70 Pages
• File Size: 154 KB