Exit Strategies | Page 2

Starting a second company after selling your first can be daunting, but it's also an exciting opportunity to prove yourself and create something amazing.

Founders and top executives are often obsessed with exits, and rightly so. A strategic exit is the key to a senior executive's successful professional future.

Here are five important steps to prepare you for selling your business.

Here's why business owners should plan their exits ahead of time and some tips for how to plan properly.

Failure is always a possibility when an entrepreneur launches a new venture. More than that, it's quite likely. Here's how to handle the process of shutting down a startup.

Private equity (PE) firms are watching your franchise business — right now. If you want to eventually exit via a private equity buy-out, you must build a valuable reputation.

Here are a few key elements to consider before making the decision to exit your startup.

Planning for a profitable sale should start even before you open your company.

Here's why you, as a founder, should map your business exit strategy now, even if you're not leaving anytime soon.

A proactive approach to help you profit the most when it's time to move on.

You started a business, but now you want out. Here's how to resign from your day job when that day job is being an entrepreneur.

You don't need to immediately leave after selling your company -- instead, you can transition out more gradually and gracefully.

Consider the reasons for the decision, and whether the issues can be resolved.

Exit strategies are great, especially when they're for the right reasons.

Clear objectives, transparency and proactive planning are imperative.

Buyers don't only need to trust the numbers. They need to trust you.

Learning and adapting to self-consumed managers can benefit your own well-being and self-worth.

In creating something of meaning and scale, founders have an obligation to ensure their life's work is not misused to inflict harm.

Business owners trying to get out now must execute sound strategies to maximize the value of their companies.

A survey of private equity professionals reveals these investors are turning their attention away from putting out fires and back to closing deals. This is positive news for entrepreneurs who are looking for an exit.

Being an entrepreneur is one of the most liberating choices you can make in your work life, but it's not one of the easiest.