Business Exit Strategy: The 5 Lessons Learned From Successful Entrepreneurs
A successful business exit strategy is crucial to ensure financial security, sell/hand over the business, avoid liability, and maximize its value.
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The Exit
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The exit stage is the final stage in the business life cycle. It is characterized by the sale or closure of the business. There are a number of reasons why a business might exit, such as retirement, lack of profitability, or a change in the business environment.