Developing an Exit Strategy
Entrepreneurs choose to exit their businesses for a variety of reasons—personal, financial, and professional. Whatever your reasons are for exiting your business, it's important that you carefully develop your exit strategy. How you handle your exit can impact your financial well-being and sense of personal satisfaction. It can also affect those you care about—your employees, partners, and customers.
In this milestone, you'll clarify your primary reason for leaving your business. You'll then review the major exit strategies available and choose the one that works best for you. Finally, you'll identify a time frame for implementing your exit strategy.
Action 1: Clarify Your Reasons for Exiting Your Business
Action 2: Select an Exit Strategy
Action 3: Determine Your Exit Time Frame
