Why should you have an exit strategy ?

Many business owners often get caught up in the operations of their business and do not plan for their exit. Although most business owners realize that they want to sell one day, the preparation for such a major decision rarely moves past the idea phase. For most business owners the sale of their business is both an end and a new beginning. The decision to sell is one of the biggest decisions a business owner can make and it shouldn’t be taken lightly. Planning for an exit takes a tremendous amount of...