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Home / Archives for Exit Strategy

Exit Strategy

Selling Your Business? Consider These Important Things First

Nov 22, 2019 By Rebecca Shipley

Selling your business is more than just making sure the offices are clean or that your website is working and user-friendly… there are a lot of considerations to take into account. You might need to hire a broker, accountant, and even an attorney as you go through the process of selling. One of the first […]

Filed Under: Sponsored, Strategic Planning Tagged With: Exit Strategy, Value

What Mistakes You Should Avoid When Selling a Business

Oct 10, 2019 By BusinessesForSale.com

Most entrepreneurs won’t ever get too many opportunities to sell a business. So you’ll surely agree it’s something you would want to do well. And to help you achieve just that aim, here’s a list of some common mistakes you should try to avoid when selling a small business. Lack of preparation All the evidence […]

Filed Under: Strategic Planning Tagged With: Exit Strategy

What Costs Are Involved When Selling Your Business?

May 31, 2019 By BusinessesForSale.com

When planning to sell your business, it’s essential to understand that you will inevitably face certain expenses once the sale process gets under way. And it’s only by factoring in these additional costs that you can arrive at a true estimate of what your net profit from the exercise is likely to be. So, here’s […]

Filed Under: Strategic Planning Tagged With: Costs, Exit Strategy, Planning

Franchise Succession Planning: What’s Your Exit Strategy?

May 21, 2019 By Bill Bradley

Planning to exit a franchise system is just as important as choosing to be part of one. While passing down your business to a loved one can strengthen your relationship, it can also be a pretty complicated process. To make the process even more complex, most franchisors must approve your successor. William Slater Vincent, a […]

Filed Under: Franchise Center Tagged With: Exit Strategy, Franchise Business, Succession Planning

Strategic Planning for Business Owners

Oct 22, 2018 By TaxConnections

What Is Included In Business Succession Planning? A business owner needs to consider various strategies in order to prepare for the expected and unexpected legal challenges. To do so, the business owner should generally form a separate entity, such as a corporation. Next, whether the business is owned by one person or multiple partners, every […]

Filed Under: Strategic Planning Tagged With: Exit Strategy, Operations, Planning, Strategy

Are You Thinking of the End Game When Managing Your Business?

Aug 29, 2018 By Dave Berkus

Ever think about growing your business with the plan to sell it someday, cashing in on your hard-earned work over the years? Or if you’re an employee with stock options, are you aware of the increases in value you can make with your efforts? Then again, you may be an architect or doctor or other […]

Filed Under: Strategic Planning Tagged With: Exit Strategy, Planning

Breaking Up in Business: How to Do It Painlessly

Aug 6, 2018 By YEC

As the founder of an online resource specializing in all things marriage (including divorce), I’ve come to learn that business relationships have many parallels to marriage and intimate relationships. They start with enthusiasm and passion, they grow through balance and communication, and they endure the peaks and valleys of life. But sometimes, they also end. Divorce for […]

Filed Under: Best Practices Tagged With: Exit Strategy, Leadership, Partnerships

Selling Your Business Doesn’t Have to Be Doom and Gloom

May 31, 2018 By BusinessesForSale.com

You’re selling your most prized possession – your business. Whether it’s on a high note or not, it can be a daunting prospect, especially if you’re worried that it reflects badly on your abilities. But it doesn’t have to be that way. There are plenty of reasons to sell, and none of them have anything […]

Filed Under: Strategic Planning Tagged With: Exit Strategy, Planning

Franchisees: Understanding Your Exit Strategy

May 4, 2017 By Robert Steinberger

You need an exit strategy. It’s as plain as day, yet most new franchisees never address the idea of leaving their business one day. All the excitement centers on opening and growing. It’s a different, but mandatory, approach to open their franchise unit with the end in mind. Bar none, the best exit strategy is […]

Filed Under: Franchise Center Tagged With: Exit Strategy, Franchise, Planning

Will You Be Happy at Your Finish Line?

Mar 27, 2017 By Dave Berkus

Have you figured out what you want to have, or to be, when you reach the end of your personal run in this business life? It is a fair question. Most of us work in our businesses, either as managers or owners, and rarely step outside to think about how this will end in a […]

Filed Under: Strategic Planning Tagged With: Exit Strategy, Planning

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