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One Minute Quiz for Business Owner's Only
This One Minute Quiz for Business Owners Only will provide answers and insight into the most important question every business owner must answer in order to maximize and obtain the wealth locked in their business.
You Can’t Be Fired But Neither Can You Quit
Facing the issue of succession or the sale of one’s business is very much akin to addressing the need for life insurance. Neither subject is addressed with much enthusiasm by the average person. The prudent address the inevitable and prepare. Although only one eventuality exists for us as individuals, three exist for our business: Transfer to family, sell to outsider, or close down. This article is meant to shed light on the contrast betwenn business owner's expectations regarding the transfer of their business and the reality of what really happens.
How to Create an Exit Strategy for Your Dental Practice So You Can Retire & Live the Lifestyle You Want
Create a Plan That Helps You Become Financially Independent & Set-up an Exit Strategy for Your Dental Practice
Entrepreneurs – Got A Great Business And Want To Capitalize As Quickly As Possible? Here’s Some Exit Strategy Ideas
Many business owners either with a new or established business are seeking to capitalize on their hard work and move onto other things. Some entrepreneurs are seeking capital from angel investors and need to provide suitable exit strategies within their business plans.

How and When to Use Exit Interviews
As we come off the “expansion” phase of business and commerce in this country and face serious “contraction” with layoffs in record numbers, will companies have the wherewithal and be organized enough to collect employee feedback as part of their broader exit strategies? It remains to be seen.
The End Starts at the Beginning
Every entrepreneur must begin planning their exit strategy at the beginning. The months spent on writing a business plan must include a plan for the end of the business as well as the start.

Selling A Business Is Madness ... March Madness That Is
It’s March … the nation turns its attention to March Madness and the tournament of tournaments (full disclosure, die hard Terps fan and will watch the tournament without them this year; just wait til next year). So it’s in the spirit of the game that we write this month’s article … Game On!

Other exit strategies Related Articles

“Succession Planning For Your Business – Better Now Than Later!”
Do you, as a business owner, have a succession plan or exit strategy for your business? Do you, as an employee, know if a succession plan or exit strategy exists in your company or organization? This subject is one of the most critical aspects of owning and managing a business, yet it is also one of the most neglected aspects. Many business owners spend years and years building and growing their business, but without giving any thought to an exit strategy. An effective and smooth exit requires very sound planning several years in advance of the actual exit from the business. The exit strategy must be part of your strategic planning process and a specific long-range goal within your strategic action plan. This type of sound planning will prepare the business for new ownership and for the owner’s financial security afterwards.
Exiting Your Company Gracefully
Since you own a business or plan on having one in the near future, you have an exit strategy or plan, right? Your answer is probably “No”, which is typical for many people in their first venture of working for themselves. Every owner will eventually exit their business… even if they run it until they die. But then what?
A Strategic Look At Why You Should Develop A Business Exit Strategy Now!
Do you have an exit strategy for your business? I ask many prospective clients that question and find that too many do not have an exit strategy or plan; others have one that is not adequately funded or has no risk management built into the plan; or they have thought about it but never did anything about it. Michael Gerber, in his E-Myth books tells us that we create a business to sell it> Otherwise, we own a job not a business. So, I would say that whenever you create a business or something else that's interesting and useful, you create something that's worth selling. And subsequently, when you're thinking of selling a business, which is very important to you and your future well being, then it's critical to have a well-developed plan firmly in place. I have found that all strategic exit plans should identify the following:

Ready, Aim, EXIT! Why Exiting Planning NOW Will Benefit Your NOW
Exit planning is an integral part of a successful, comprehensive business plan. But most business owners are so busy growing their business that the last thing they stop to consider is their Exit Strategy. If you really want to build your company to be all that it can be and more, you need to establish right up front what you’re going for and what it means to you when you get there.

Are your dreams of retiring on the sale proceeds of your business pie in the sky?
Whether you went into business with a plan to sell your business in the future or not, at some stage you will need to exit. But have you planned an exit strategy that will fund your retirement? Or, are you just presuming that someone will come along one day and pay you handsomely for all your toil and struggle? If you are in the latter category, think again. Market predictions show that all your hard work building your business could disappear in a puff of smoke. However, it doesn’t have to be that way.

How and When to Use Exit Interviews
As we come off the “expansion” phase of business and commerce in this country and face serious “contraction” with layoffs in record numbers, will companies have the wherewithal and be organized enough to collect employee feedback as part of their broader exit strategies? It remains to be seen.
Planning Your Exit
This article emphasizes the importance of advanced exit planning for business owners and offers a practical guide to the steps for sound exit planning.
The Importance of Exit Interviews
Exit interviews can be a valuable source of information beyond learning the reasons why employees are leaving your company. When exit interviews are done well, they can uncover issues that can be addressed before they turn into lawsuits - issues such as harassment, discrimination and workplace violence. They can also provide information on how to improve procedures and can identify the programs in the company that are highly valued. Exit interviews can provide you with honest, focused feedback that you can act upon in your own time frame.

Why Develop An Exit Plan?
This article discusses the importance of a well thought out exit plan and how its important to have an exit strategy when you start or purchase a business. It will save you time, stress and money down the road!
Business Exit Planning - Can Your Business Survive If You Could No Longer Manage It Tomorrow?
An exit plan better prepares a business owner for the inevitable transition of the business. Think and formulate an exit plan that considers not only the planned exit options, but also the unplanned exit possibilities.

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