In business, it is never too early to start thinking about exit strategies.
Start with the end in mind and you stand the best chance of extracting maximum shareholder value from your company and safeguarding its long term future.
Planning to sell up or retire? Looking to pursue other interests? Worried about the future of your business and its employees after you have left?
Selling the business is top of the list for most entrepreneurs considering potential exit strategies but this can take various forms (and there are also other options):
All but one of these options (closing the business) will take between one and three years of planning and preparation if you are to succeed in realising the best price for your business.
So it is essential to start thinking seriously about exit strategies as soon as possible. These are the recommended next steps:
For expert confidential professional help in considering, planning and implementing exit strategies, contact Shield now.