Have an exit strategy in place before your start!
Have an exit plan in place before your start!

Have an exit strategy in place before your start!

Why did you start your business? Maybe you were good at what you did? Maybe you just loved what you did? Maybe you still love what you do! Whatever made you start your business, there will come a day when you will have to exit that business for many reasons. One of those reasons could be that you have decided that you want to sell your business. Yet, I suspect that you have not got an exit plan! Am I right??

Now I can speak from experience. I spent over a decade building a business that I loved. Then the day came when I wanted to exit the business. I didn’t have an exit plan, (maybe just like you).?

While I was very pleased with the sum I received for my business, when I think back at this process, I could have sold the company for a significantly higher sum if I had given it more thought and planned ahead. If you are considering selling your business, there is still plenty that you can learn and lots of planning you could do even if you are five to ten years away from selling your business.?

If you would like some help or would like to know how to formulate an exit plan get in touch and I will send you over my Five Point Exit Plan Strategy, (free of charge).

Comment below or drop me a message with your details.?



#innovation #DigitalMarketing #Creative #future #StartUps #Growth #Marketing #Entrepreneurship #SMB #SellingYourBusiness #ExitPlan #ExitStrategy

Michael, interesting. Very interesting and we are always learning. Yes please too to your Five Point Exit Plan.

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Ismael Niare

Développeur Web & Mobile | Growth Hacker | Entrepreneur Ambitieux

2 年

Would you suggest adding an exit strategy to a business plan before you even start?

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Ivan Temelkov

Founder & CEO @ RAZOR SHARP DIGITAL | Helping Businesses Thrive and Dominate | "We help Companies Identify, Strengthen, Manage their Online & Digital Footprint Through Human Marketing, Omni-Channel Tactics"

2 年

This sounds really interesting. Can we talk

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Akiva Prell

Creator (#1 charting musical hit-maker*, filmmaker, 1+ billion online views, generated $1 billion in earned media, evolving culture through creativity) *above photo is a crowd dancing to one of my tracks

2 年

Exit Strategies can be complex business. I like to read your suggestions Michael.

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