Whether you intend to eventually sell your business or simply cease operations at retirement, you need to begin your exit planning as early as possible. There are many different strategies for exiting a business. This white paper explores several of the most common exit strategies and discusses key factors to consider that will help you create your personal business exit plan.
Exit Strategies will help you:
You need someone else to look at you and say this is what you're doing right, this is what you're doing wrong
The Board helped me with accountability...
Prioritizing and focusing my time where I am really working on the business
Boards are very good at having a broad swath of industries and experience that people bring to the table
Whatever your business is, you always have to be bringing new ideas to the the table, new products, new marketing
My Board Members were the only ones that were brutally honest with me about the changes I needed to make; it was the truth I needed to hear
Boards 'professionalize' my
It's great to now have a group of individuals who can challenge me and help me avoid making the same mistakes they did
My personal stress level today compared to prior to TAB has been reduced by 70%