As there are many available techniques to monetize a business, owners should carefully consider their available exit options. Regardless of the option chosen, the process takes a long time and careful planning well in advance is recommended. With a good team of trusted advisors, a business owner can obtain information on the benefits and drawbacks of the many exit strategies available and plan and implement the decision that is best for the business and the family.
Sourced through Scoop.it from: www.fa-mag.com
Here’s a well-thought-out article from a law firm. Just as we teach at EGS, the writer promotes lead time and planning to build just the right exit strategy.