Making a grand exit? Don’t leave anything to chance
Many business owners who put their exit on hold because of the economic downturn are only now re-establishing a good trading record. To achieve the optimum exit strategy, planning should begin as early as possible, writes Margaret O’Brien
‘Smart owners seeking to exit their business used the last number of years to restructure and position their business to maximise their sale potential and valuation on exit,” said Ann-Marie Reddy, director, Blackthorn Capital.
“An area of focus is the internal review of their structure and legal set-up, directing key management and mentoring them for their eventual exit, and making strategic decisions so that the financial resources are there to enable a deal...
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