Opinions expressed by Forbes Contributors are their own. Lien De Pau, founder of The Big Exit. Sell your biz for max value. Selling your business is a big decision. It's important to do it right.

Exit strategies allow business owners and investors to sell or transfer ownership of assets or companies. They can use these strategies when seeking to retire, cash out or shift focus to new ventures.

If you’re a small-business owner approaching retirement, it’s important to start thinking about how to avoid common small-business exit strategy mistakes. As a business owner, you’re no ...