Cheque Please!
When I speak about exit strategies for business owners, most people immediately think of that well known catch phrase “take the money and run” but that isn’t what an exit strategy is all about.
Naturally you will have embarked on a business journey through various turning points in your life and each day you draw on passion, drive, determination, change and the advancement of wealth to get you to your next goal.
Just like at the beginning of your journey there are many reasons for leaving and it isn’t only about you and your money it’s about having a smooth transition of your goals taking place when you need it most for whatever situation life throws at you like; retirement, new business ventures, changes relating to your health, franchising, investor relations, mergers and acquisitions and many more.
These changes in structure can gradually sneak up on you or blindside you at the worst possible time and it’s important to have a mapped out solution at the ready.
This month we are giving a lot more shape to the general idea of exit strategies and how you can approach them.
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