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Exit Strategies
When it's time to leave retailing, learn the best way to sell or close your business. Just as you planned and prepared your business for opening, it will pay off to have a good exit strategy.
5 Mistakes to Avoid When Selling Your Small Business
Everyday small business owners make drastic mistakes when selling their business and lose thousands of dollars in the process. All their hard work and long-term investment goes down the drain. Motivational speaker, Debbie Allen offers five mistakes to avoid when selling your small business.
The Four D's of a Business Exit Strategy
The idea that your business will provide you with income after you are no longer there may not be a reality. You have to depend on yourself. Take the time to look at the four D's of a business exit strategy: death, disability, divorce, and departing. This article by Brent Dees, CFP, CSA is available from your About Guide to Small Business Information.
Selling Your Business Nest Egg
Darrell Zahorsky, your About Guide to Small Business Information, suggests working with a business appraiser or business valuation expert to best determine the method and value of your company.
9 Common Mistakes in Business Succession Planning
To ensure that your business survives you, avoid these mistakes in business succession planning. Article by CJM Fiscal Media Services.
Exit Strategies for Your Business
If you're thinking ahead to the day when you'll no longer run your business, think about these five exit strategies now so you'll be prepared for your future.
Planning Your Exit Strategy: Small Business Valuation
This NFIB article helps retailers determine at what price to sell their business.