Most business owners concern themselves with growth and expansion, and sometimes, how to make ends meet. When starting or buying a new business, the last thing on your mind is how to exit. However, an exit strategy is a key component of a successful business plan and too few owners give this proper consideration.
An exit strategy is nothing more than your plan on how you intend to leave the business. In the end, you will either sell, close, or die. Each of these situations offers different opportunities and challenges, but the main point of this blog post is that a business owner needs an exit strategy and here are some reasons to have one.a business plan, business banking, business finance, business funding, business insurance, business link, business listings, business loan, business loans, business partnership, business plan, business plan example, business plan sample, business plan template, business planning, business plans, business strategy, example business plan, franchise business, free business plan, insurance business, insurance for business, loan for business, partnership business, registering a business, template business plan