How to Successfully Exit When You Don’t Know How
If you are the owner of a small or medium-sized business, the sale of your business likely a key part of your retirement plan.
It is also likely that your business is your baby. It’s a legacy that you worked hard to build. Perhaps you hope to pass it on to family or employees.
Despite these important goals, most business owners aren’t sure how to accomplish them. In fact, 83% of owners who plan to exit their business within five years have no plan to prepare for that exit.
As a result of not preparing, between 70% and 80% of these owners are discovering that no one will buy their business.
Fortunately, with a little preparation, your exit can be profitable and positive for you and those you care about. Click here to learn more.
How to Successfully Exit When You Don’t Know How
In an article that I recently published on Forbes.com I describe:
- The secret that independent owners should learn from businesses like 1-800-Got-Junk?, Bed Bug Chasers, and McDonald’s.
- The 3 simple elements of an effective exit.
- The 1 critical difference between being profitable and being valuable.
- The typical timeframe needed to maximize your exit.
- Core areas to focus on to quickly increase value in your company.
You are heavily invested. Learn how to reap your reward. Click here to read my article on Forbes.com.
Take good care,
Christian
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