Exit Strategy: Page 2
Educating yourself on each buyer type is one of the first steps in beginning to plan the sale of your company.
It turns out, without a detailed exit strategy, I have been working harder, not smarter, with no real plan for the end.
Entrepreneurs can build leverage during negotiations by addressing these common causes of funders' anxieties.
"Everything seems possible in a 100 years, so it's both useful and important to focus the big vision," says the head of a digital agency.
Being properly prepared puts the company leader in the best vantage point even if a sale is not immediately on the horizon.
One entrepreneur explains how he came to the difficult decision to step away and leave the company he loves and helped to build.
Search funds can be a strategic option for business owners looking for an exit.
You may not realize it when you buy a franchise, but franchising is a journey. And, every journey must eventually come to an end.
When you meet a potential partner your personalities may click and your goals may be identical, but to have a successful relationship, clarity is key.
There is only so much an investor can due to reduce risk, so be sure to do all of it.
Some simple shifts in thinking can help you attract buyers and move toward a profitable deal.
No matter what valuation method you choose, plan your exit strategy for your company far in advance.