When Should You Start Planning to Exit Your Business?

At first thought, exiting a business seems like a pretty straightforward process. But when you dig deeper, you will find there are very different strategies that entrepreneurs take to exit their business. So which one is better?  I wish I could tell you the perfect choice right here, but the reality is that it all depends on your personal goals and style. Each strategy has pros and cons so it’s really a matter of deciding which pros best meet your goals and which cons are unacceptable.  Considering that some of these strategies require a good deal of prepping, the best time to figure out which one is best for you is now. To make sure you are prepared to make the most successful exit possible, I highly recommend that you read this excellent article that not only lists 5 key exit strategies, but also explains their pros and cons.

photo credit: Indigo Skies Photography exit via photopin (license)

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