The Importance of Exit Planning

There’s one thing for sure, one way or another you WILL exit your business, so why not plan for when that time arrives?

Many times we hear business owners say they don’t need to plan an exit strategy.  They plan to run their business until they’re tired and then they sell it to an ambitious young person who wants a great opportunity.

Sadly, the majority of times, things don’t work out quite like that.  The ‘young person’ has different expectations, and exactly for whom is that ‘great opportunity’.

In this chapter of TAB’s book ‘Timeless Principles of Exceptional Businesses’ we explore the importance of planning for your exit to maximise the potential.