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Planning Your Exit Strategy

Your long-term business plan may include an exit strategy-to transfer control of your business to others. Are you making sure this is done appropriately?

Your long-term business plan may include an exit strategy-to transfer control of your business to others. Perhaps your goal is to prepare your business to be sold to a third party or your own employees, or handed down to your children, so you could retire. That’s fair. Just be sure you clue your key employees in on your intentions at the earliest, appropriate time.

-Vince DiCecco, Your Personal Business Trainer

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