Exit Strategy

April 23, 2019

Exit Strategies for Small Businesses

After spending a large amount of time, money and energy to grow their enterprise, many entrepreneurs look forward to executing an exit strategy. Regardless of whether you operate a sole proprietorship or a larger corporation, you need to select an exit strategy that accomplishes your goals and extends the longevity of your business – if that is your desired outcome. There are various questions that you must answer when the time comes, all of which will provide direction on how to move forward. How will you pull your money out of the company? How much money will you be able to receive? Establishing a strategy ahead of time (prior to registering the business with a formations company, the earlier the […]