If you haven’t started thinking about exiting your business yet, or planning for it, now is the time to start. Early and consistent planning is an important component of success. There are many factors that must be considered during exit planning and knowing which questions to ask is an important part of the process. If you’re wondering where to start, I recommend that you start by reading an article I read on Forbes.com. The article explores five questions that can help you optimize value and create a smooth transition. Although the article starts by focusing on family-owned businesses, the questions are helpful for all types of businesses. To read the article, click here.
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