When Should Business Owners Start Developing an Exit Plan? Here's What You Need to Know.

By Nick Mascari January 27, 2023

Any transformative business decision requires good strategy and planning. Your business exit is one such decision that will inevitably transform the business. Think of it this way: If you only started planning for a significant initiative a few days before you needed to roll it out, you would be making a huge strategic blunder. Why would a business exit be any different?

The truth is, business exit planning is good business. Many business owners might believe they don't need to worry about having an exit strategy until the time for them to exit comes around. In this article, we'll explain why that's a bad idea and why exit planning is something that shouldn't wait.

Read the full Article Originally Posted on Entrepreneur.com  https://www.entrepreneur.com/leadership/when-should-business-owners-start-developing-an-exit-plan/442711