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 ...

Having an Exit Strategy Is Crucial for Business Planning An exit strategy is an essential component of a business plan . It outlines the steps and procedures for transitioning out of the business ...

For many business owners, the daily focus is on growth, sales, staff, and operations. Planning an exit often sits far down ...

According to the Exit Planning Institute, nearly 80 percent of business owners have no written transition plan while 50 percent have done no planning at all. Yet at the same time, 99 percent agree ...

You’ll need to work out these issues, along with the financial ones, before you decide on your business exit strategy. Fortunately, you don’t have to go it alone.

Most business owners believe an exit planning strategy is something to create just before heading toward the actual exit. It's a common misconception that, unfortunately, could play a negative ...

John M. Jezowski, Senior Vice President, Webster Private Bank, explains that the main objective in planning an exit strategy is to place the business owner in a “position of preparedness.” ...

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 ...

However, a startup should not have an exit strategy as a priority. The priority instead is to run the business effectively with the goal of being successful and serving customers. That's not to say ...