Small Business is our Business

Every small business owner needs a business plan and an exit plan.  The exit plan is your  strategy for  transferring  ownership of the company you painstakingly  build. So  what are the possible exit scenarios?

*Sell

*Be acquired by another  company

*Merge  with another company

*Go public with your company  and acquire shares that can be sold

*Family members take over

*Employees  buy the company in a ESOP (employee stock ownership plan)

*Close the business

Whatever you choose to do, exit strategies often dictate short term goals and your company’s priorities. In many ways the business plan and the exit plan go hand-in-hand.

 

 

 

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Tag Cloud

%d bloggers like this: