Credit: jorgenmac100/Adobe Stock. 4 Options to Consider When Planning to Exit Your Small Business
It's critical to understand how each one works as well as their pros and cons, so you can pick the best option for your journey.
September 02, 2022 at 12:40 PM
6 minute read
Small Business Adviser
Planning an exit strategy from your small business can be hard. You've worked your whole life to get where you are, so how do you leave it behind? As you plan for retirement or a new chapter of life ahead of you, let's discuss four options to consider.
● Selling to private equity ● Internal transition ● Strategic buyers ● ESOP (Employee Stock Ownership Plan)
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