Small business owners say it’s best to have a plan well in advance of making a big change like ceding a business to someone ...

Third-party buyers will be just as persnickety, and that brings us to our final exit plan principle. Making your business as ...

Assess the state of your business and your personal readiness, plan for a successful transition and prioritize preserving ...

1. Establish a Cohesive Collaborative Team of Professionals ...

Mr. Morrow advises small business owners to start the process early: three to five years or more – and that’s in the case of ...

According to the Exit Planning Institute, 79% of business owners have no written transition plan while 49% have done no planning at all. Yet at the same time, 99% agree that having a transition ...

Whether you've started your business already or you're just getting started, there's a lot on your plate. Starting and ...

In fact, experts recommend that you incorporate an exit strategy into your initial business plan. A business is like any other asset and as such, a smart entrepreneur knows that they can sell it ...

It is the value of the business's assets, its brand, its customer base and its intellectual property. A solid exit plan should include strategies that ensure that the business runs smoothly ...

As your retirement gets closer and you start to plan your exit strategy, remember that being replaceable is not a weakness. It usually means you’ve developed a strong team. For a small-business ...

For entrepreneurs, recent upticks in volatility and unpredictability in markets, tax policy, monetary policy, and regulation underscore the importance of preparing for a public sale or an exit.

Starting a small business is hard. Figuring out what to do with a small business when an owner is ready to retire can be even ...