Planning Your Exit?
The only thing harder than starting your own business is planning
your exit from the business. Here are a few tips to keep you
focused:
1. Write down and discuss what it is you want for yourself, your
people and your company in a succession plan or exit strategy.
2. Develop specific criteria for decision-making on leadership
and financial issues. Create a plan with clear measures for success
and progress.
3. Don’t go it alone. Find a trusted peer or advisor that
will keep you on track and help you think through important issues. |
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