What exactly is an exit plan?
According to research, nine out of ten owners stated they do not have a current, written exit plan. Unfortunately, most owners have no idea what should go into an exit plan. Owners need guidance on what a sound plan looks like. The marketplace offers very little guidance too.
A thorough and sound exit plan needs to address six (6) areas. If a plan fails to consider any one of these areas, it could not only miss an issue but possibly cause more harm than good.
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