A plan by the entrepreneur to sell their ownership in the company to another company or investors. Usually detailed in the initial business plan, prior to starting the business.
Examples:
The following articles detail potential exit strategies:
- Five Smart Exit Strategies: Written by a business investor and mentor, details 5 exit strategies that might be employed when it’s time to make a switch.
- How To Choose An Exit Strategy: Looks at options and considerations to make when it’s time to employ an exit strategy for a business.
