012: Determining Your Exit Strategy

Originally posted 2018-11-19 11:21:24

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In this episode, we talk about developing an exit strategy for your business and why it is important.

Our lead-off quotes:

The end of a matter is better than its beginning, and patience is better than pride. – Ecclesiastes 7:8 (NIV)

I make known the end from the beginning, from ancient times, what is still to come. I say, ‘My purpose will stand, and I will do all that I please. – Isaiah 46:10 (NIV)

Exit Strategies to consider:

  1.    Lifestyle Company – where there is no planned exit strategy
  2.    Planned Liquidation
  3.    Mergers and Acquisitions
  4.    Initial Public Offering (IPO)
  5.    Sale to a Friendly Buyer