A staple in any business plan is an exit strategy. Some businesses have the foresight and operate in a manner which allows them to exit the market before bankruptcy; for others, exit is prompted by ...

An exit strategy is about more than simply cutting your losses. It needs to be part of every investor’s overall plan. To set an exit strategy, you first have to decide how long you want to hold ...

Think Short-Term For Your Exit Strategy You may stay involved in your business for decades. But the work that you do today to build a valuable company will begin to pay dividends in the short term.

Let me suggest a cost for this, with my estimates to illustrate the exit strategy. If the extra annual costs for the next 15 years would be $50,000 (or $250,000 or whatever amount depending upon the ...

Ideally, your exit strategy needs to be part of your business plan from the outset. It’s just as fundamental to the lifecycle of your business as the launch and growth stages. To adhere to Stephen ...

Two-thirds of surveyed business owners lack a documented plan for selling or transitioning their business. Here's why and ...

If you’re in the throes of building a company, you are likely not even thinking about what comes next. But now is also the time to start planning the long-term strategy for your exit. To one day ...

Exit Strategy 3: Own Passively Once you’ve grown your business to be owner-independent, you can transition to a more passive role–owning the company without running it day-to-day.

Exit planners, CPAs, CFPs, attorneys and other advisors know the rigors of the business world inside and out. Every business is unique, and so are owners' needs—especially when they are in the ...

An exit strategy can inform an infinite number of possible paths. Now that I have sold my company, and left the business, the suggestion I give other entrepreneurs in this position is to answer the ...

Part of your retirement exit strategy could be to consider a Roth conversion – moving your money from tax-deferred accounts to a Roth. You will pay taxes when you make the conversion, ...