Most business owners naturally start down the path of a full exit.
Nothing wrong with that. But there are actually multiple potential “off-ramps” beyond selling the entire company outright.
Each has its own considerations and strategic value – but ultimately, the right exit plan depends entirely on what you are trying to achieve.
Taking on an investment partner might allow you to derisk your financial position while maintaining control and upside.
Or bringing in a strategic partner may provide you access to multiple new funding sources.
And a partial sale to management or employees is another option with the advantage of rewarding staff loyalty.
I could go on.
Keep an open mind when it comes to exits. But most important of all, is being honest with yourself about your own personal agenda and objectives, than fixating on the exit route itself.
#nextlevelgrowth #exitlaunchpad #M&A #exit