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Planning for the Future: Your Exit Strategy

Up and Running

Even if an island in the Maldives isn’t in the cards, if you’re seeking outside investment, an exit strategy is essential. What is an exit strategy? Common exit strategies include being acquired by another company, the sale of equity, or a management or employee buyout. Liquidation.

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How To Sell Your Business For Maximum Profit And Why It’s Best To Sell When Business Is Thriving

YoungUpstarts

The first culprit can be attributed to the fact that business owners don’t plan their exit strategy from day one. Most business owners don’t understand the importance of developing an exit strategy from day one. People refers to the management and employees that are currently employed by the business.

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The Ultimate Guide for Starting and Running a Business at Home

Up and Running

Think about an exit strategy. But establishing an exit strategy is another important piece that forces you to look toward the future of your business. Like the rest of your business plan, your exit strategy does not need to be set in stone. Point of Sale system (if necessary). Business phone system.

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8 Steps To A Satisfying And Successful Business Exit

Startup Professionals Musings

In addition, current investors want to see every startup go public or be acquired, as an exit event, so they can get their due return for that investment which has been tied up for the last few years. For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment.

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How to Pitch to Investors in 10 Minutes and Get Funded

Up and Running

Impress the investors with what you and your team have accomplished to date (sales, contracts, key hires, product launches, and so on). Customer acquisition: Marketing and sales strategy. Remind the audience why your management team is capable of managing their investment for growth. Your exit strategy.

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8 Keys To Preparing Early For Your Next New Venture

Startup Professionals Musings

In addition, current investors want to see every startup go public or be acquired, as an exit event, so they can get their due return for that investment which has been tied up for the last few years. For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment.

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Don’t Underrate The Value Of A Startup Plan Document

Startup Professionals Musings

An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business. No executive I know writes all his own contracts, but every smart one owns every one that is written for him, and understands every element. Of course, if you don’t yet understand all the elements, it’s time to learn.