How To Successfully Exit Your Business When You Don’t Know How – Forbes

For others, their business is a legacy they hope to pass on to family or employees. Additionally, the uncertainty around an ownership transition often sparks unintended conflict between partners or family members. Fortunately, with a little preparation, your exit can be a very profitable and positive experience. Regardless of the kind of business you are in, the fastest way to multiply its value is to build it to operate profitably without you. Otherwise, they tend to wait until they “feel ready” to leave their business, which they don’t usually recognize until several years after they stopped investing in growth.

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