Every entrepreneur should develop an exit strategy to limit losses and ensure the business owner has the ability to sell or transfer ownership of the business should the need arise. Exit strategies are crucial if the entrepreneur wants to retire, travel, or move on to a new idea. An effective exit plan allows entrepreneurs to address problems and cleanly disentangle from their business. Basics of the Exit Strategy The three common types of exit strategies are: Strategic acquisitions; … [Read more...]
What Happens If An Heir Doesn’t Want The Inheritance?
A farmer who lay on his deathbed asked his son to make sure that the land would always stay in… READ MORE
