Setting a target departure date is absolutely indispensable to creating an exit plan. An exit plan for an owner who wants out in two years will look quite different than the plan for the same owner willing to stay for ten. Some owners, however, attempt to avoid establishing this date because they believe that they must carve it in stone. In reality, the departure date is the objective most likely to be adjusted and often, adjusted repeatedly. Other owners are uncomfortable picking a date out of the air. these owners are better able to establish a date if it relates to an event. For example you may want to work until the business value reaches a certain level. You must set this important goal and give the plan a framework within which to operate. For more information call the number on the screen or visit us at businessexitnow.com
Business Exit Planning – Departure Date
"The contents of this material was published on November 5, 2020 and may be outdated and not reflect current facts. This materials should be used only as a reference."