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5 Common Business Exit Strategies
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These are the most common business exit strategies. When it comes time to leave your business - you need to have an exit strategy. It basically outlines how you will leave the business and what happens next. All business owners should have an exit strategy they are working towards. Successful entrepreneurs know the importance of having an exit plan when they first start a business. When you know where your business is headed it increases your chances of receiving an optimum price for your business.
0:00 Intro
0:45 Open Market For Sale
1:22 Selling to a Competitor
1:57 Place Under Management or Get a Partner
2:32 See what the market will pay
3:03 Liquidate and Close
3:40 Summary
The content in this video is based on an article by Jono Kennedy from ABC's Dunedin office. The good stuff is his work, and the mistakes will definitely be mine.
This channel has weekly uploads, tutorials and features all focused on how to start a business, how to buy a business, how to sell a business and how to increase the profits in a business to increase the business value.
I am a Business Broker based in Auckland, New Zealand.
Keep in touch:
#howtostartabusiness #howtosellabusiness #howtobuyabusiness
0:00 Intro
0:45 Open Market For Sale
1:22 Selling to a Competitor
1:57 Place Under Management or Get a Partner
2:32 See what the market will pay
3:03 Liquidate and Close
3:40 Summary
The content in this video is based on an article by Jono Kennedy from ABC's Dunedin office. The good stuff is his work, and the mistakes will definitely be mine.
This channel has weekly uploads, tutorials and features all focused on how to start a business, how to buy a business, how to sell a business and how to increase the profits in a business to increase the business value.
I am a Business Broker based in Auckland, New Zealand.
Keep in touch:
#howtostartabusiness #howtosellabusiness #howtobuyabusiness
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