- August 23, 2023
- Posted by: admin
- Category: Uncategorized
Business owners will eventually reach a point when they have to leave their company because of age, health concerns or a desire to pursue other life goals. This could mean retirement, a sale or simply winding up and closing down the company. Collectively, these are known as exit strategies, and every entrepreneur should have one. Yet many exit their companies without a clear plan. This may be largely due to the fact that entrepreneurs are more focused on starting and building their businesses than on leaving them.
Original Article Source Credits: BDC.ca, https://www.bdc.ca/
Article Written By: NA
Original Article Posted on: NA
Link to Original Article: https://www.bdc.ca/en/articles-tools/change-ownership/plan-succession/your-best-exit-strategy