business exit strategy

Do You Have an Exit Strategy for Your Business?

When you started your business, did you have a vision about where it would take you and how you would eventually exit the business? If not, it is something you should consider and plan for so that you maximise the return on your years of investment; time and money! There are a number of different options available for disposing of a business and some important considerations to make before you close the door of your company behind you. Key Mistakes That Sellers Make Allowing too little time to complete and successfully execute an exit strategy Focusing on price rather than optimising the value of the company and the terms and conditions of sale Selling to the first person that comes along without researching the market to find out what potential buyers may be out there Trying to do it inde... »