It’s Never Too Late to Start Planning Your Exit Strategy (Here’s How)

From Due.com.:

Business owners are urged to start planning an exit strategy, whether they are looking to cash in on a successful venture or navigate a less-than-ideal situation. Selling to employees or family members is a popular option, providing multiple ways to transfer ownership. Partnerships can dissolve smoothly with a clear agreement in place, ensuring a fair buyout. Entrepreneurs seeking acquisition should focus on improving operations and demonstrating strategic value. For those looking for immediate cash flow, increasing personal salary or liquidating assets are viable options. Proper planning and communication are key to a successful exit strategy.



Read more at Due.com.: It’s Never Too Late to Start Planning Your Exit Strategy (Here’s How)