Having an exit strategy worked out in advance lets you maximize your profits when you sell your small business. Here are seven to choose from.
1. The method by which a venture capitalist or business owner intends to get out of an investment that he or she has made in the past. In other words, the exit strategy is a way of "cashing out" an investment. Examples include an initial public offering (IPO) or being bought out by a larger player in the industry.
Talk to Rodrigo MARTINEZ | Helping Entrepreneurs Become Millionaires about Funding, Growth and Exit Strategies - An exit strategy is the greatest value driver for a startup. A strategic exit is the greatest value creator for entrepreneurs. Starting from the exit and working backwards in time to see what kind of company to build allowed me to get a 3X return in 1/5 of the time.