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Let’s talk about something you might not want to think about but absolutely should — your business exit strategy. If you want to hear more, check out the latest episode of the Business Owner Breakthrough Podcast.
The Inevitable Exit
Look, no one runs a business forever. Whether you sell it, pass it on, or close shop, you’ll exit one day. Being prepared for that day is crucial. Why? Because life happens. You might get sick or face other unexpected events. So, let’s get ahead of the curve.
Time Matters
As someone who’s helped people buy and sell businesses, I can tell you it takes 18 to 24 months to prepare and sell a business. If you’re the decision-maker for everything, your business won’t look appealing to buyers. They want a business with systems and people in place. That’s how you get the most value.
