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Exit Strategy Definition – Entrepreneur Small Business Encyclopedia

The planned exit of an owner from their business

Sourced through Scoop.it from: www.entrepreneur.com

Emphasis on planned. No plan? EGS has your back. We have short cuts to bootstrap your strategy.

The Most Important Steps to Getting Your Business Ready to Sell

If you’re planning to sell your business, it’s a good idea to "dress" it for success to help attract the best suitors. Just like selling a house, preparations need to be made. As you transition from business builder to owner to seller, we at MGA urge you to ask yourself these questions:

Sourced through Scoop.it from: blog.mgallp.com

These MGA guys out of Houston offer several good questions to cue-up a business selling effort. Digest, then contact EGS to ramp-up your effort.

“Failing to plan is planning to fail” – Put your succession plan and exit strategy in place today

As a business owner, you will spend years developing your business. From concept and your first ever business plan, through to applying for investment and forecasting your business takes on a life of its own. 

Sourced through Scoop.it from: www.allthingsbusiness.co.uk

Although this British firm likely won’t be able to directly assist with an exit strategy, their insight helps. EGS is your go-to for quick succession planning and an exit strategy.

Before you start your new business, think about your exit strategy.

…A good business plan is long-term, with both a start and a finish. By planning your business exit strategy before you begin, your journey will be more rewarding, and your business better equipped to deal with future challenges.

Sourced through Scoop.it from: www.pretiumsolutions.com.au

Here’s a revised favorite, repeated for your benefit. EGS is 100% on-board with this advice.

Engineering Business Owners, Plan Your Business Exit Strategy

Nobody wants to be caught out if they’re faced with a sudden unexpected scenario, and by developing a business exit strategy you can help ensure that should you or another senior manager or director have to leave the company on short notice, you aren’t left in a difficult situation.

Sourced through Scoop.it from: insights.executiveheadhunters.co.uk

We sometimes come across an article that pretty much gets it right, as this one does. EGS has lots of experience with tech firms and will get the ball rolling swiftly.

How To Pick An Exit Strategy For Your Small Business –

An exit strategy is something that every investor in a small business looks for. But even if you are running a one person sole proprietorship, you need an exit strategy. For you, as for any investor in a business, the questions are the same when it’s time to move on:

Sourced through Scoop.it from: vrbatonrouge.wordpress.com

Short, succinct read covers the basics. EGS covers everything starting with a custom courtesy consultation.

Business Succession Plan | Wells Fargo

Whether you pass the business on to a family member, sell to an external buyer, or choose another exit strategy, thoughtful planning is essential to making your transition successful — not only for you and your successor, but also for the long-term health of your company. Even if you’re nowhere near retirement age or have no plans to leave your post, the time to establish a transition plan is now.

Sourced through Scoop.it from: wellsfargoworks.com

Short but powerful read for managers NOT thinking about succession. We hope you agree and decide to call EGS.

Now Is the Time to Think About Your Small-Business Succession Plan

Will you be leaving control of your company to family or your employees? Or will you just sell it to an interested party?

Sourced through Scoop.it from: www.entrepreneur.com

Quick read full of sage advice. After your 2-minute read, get ahold of EGS for a courtesy consultation to get your succession plan on roller skates.

Exit ready | How can I maximise value on exit?

On deciding a sale is the right route for you and your business, there are many different routes to market.

Sourced through Scoop.it from: www.youtube.com

Here’s some interesting and quick insight into the sale of businesses from a British perspective. Only 2 minutes long and you should call EGS for the U.S. perspective. No fee for initial consultation.

Want to sell your business? Read why an exit strategy is so important.

It is vital to have an exit strategy in place for your business. Don’t know where to start? Contact an experienced advisor like EGS to assist you with your exit strategy.

Sourced through Scoop.it from: benchmarkbusiness.com.au

Benchmark in Australia has a good handle on what to do for businesses that don’t have an exit strategy. At EGS, not only is our knowledge even better, but you don’t need a 16-hour round trip to get it.