An entrepreneur’s plan to sell their ownership of the company to another business or to investors. It is usually described in the initial business plan prior to starting the business.
Example
The following articles discuss potential exit strategies.
- Five Smart Exit Strategies – Describes five exit strategies that could be employed when it’s time to make a switch. Written by a business investor and mentor.
- How to Choose an Exit Strategy – Looks at options and considerations to make when it’s time to employ an exit strategy from a business.