Question: With a solid business vision, now it is time to consider your exit strategy. In other words, how do you want to maximize your investment
With a solid business vision, now it is time to consider your exit strategy. In other words, how do you want to maximize your investment for a future return? Some people start businesses and sell them quickly. Others grow businesses to eventually pass on to their children. There are many reasons people start businesses, but often business owners forget to consider how they will exit the business in the future. Unfortunately, many businesses fail because of a lack of vision, lack of understanding of how to evaluate profit and loss, and from overwork and exhaustion of the business owner.
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