Why your exit strategy is an important part of your business plan

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Do you think an exit strategy and plan is only needed at the point you are thinking about exiting your business? WRONG!

All too often we see business owners leave planning their business exit strategies until the last minute, when they’ve already made the decision to leave the business.

The earlier you establish, plan and document your exit strategy, the clearer your long term vision will be, and it will change and guide how you manage your company’s future.

Planning for exit encourages you to set long term goals, make plans, protect and manage assets effectively, which in turn provides further stability for long-term growth.

Find out how a comprehensive exit strategy can benefit you and your business by reading our beginners’ guide to creating an exit strategy.