Strategic Growth & Exit Planning
There are two things that are driving me nuts and you've alluded to one of them and that is, everyone has to exit their company. There's no choice, everyone will exit.
The question is how do you exit, and when do you exit? The first issue is that a lot of business owners are so involved in their companies that exiting is way down the line and, although they need to prepare for exit, they don't always want to.
So, it's really about educating them that exit planning is not about selling your business, particularly, although selling is one way to exit, and it doesn’t mean that just because you are exit-ready in 2, 3, 4, 5 years’ time, you have to exit at that point.
All it means is that you are ready to exit should you need to.