Why Engineering Business Owners Need Time to Plan a Business Exit Strategy

A business exit strategy is vital for anyone looking to cease involvement with their company. Here’s why you need to take your time and develop a solid plan.

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

Often overlooked in exit planning is this:

A major factor that business owners need to consider when looking to exit their business is the effect that their exit will have on existing employees.This includes not only the direct consequences of your exit, but also the possible morale issues it may cause.

 

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