Business Exit Strategies

How to leave your business in good hands

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A business exit strategy is a plan for what will happen when you want to leave your business. A lot of people think of an exit strategy as a plan to guard against disaster or something that has to be carried out right away after its conception.

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But this usually isn't the case. Instead, it's a plan you put in place to work out how you're going to enter the new chapter of your life without hindrance. It's your way of ensuring that the future of the business is guaranteed even without you, if that's what you want.

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Remember, though, that there is no right or wrong way to leave your business. There are only options that may work better or worse for you than others, depending on your particular situation.

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Read our Active Practice Update to find out more about exit strategy options for your business business-exit-strategies-aug22-apu

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If you would like to discuss in more detail any of the issues raised in this article with a member of our team, please call 01772 741200