Exit Strategy

Exit Strategy

Getting out of business may not be important to you at this point. However, planning your exit strategy is often very involved. Within this section, we’ll direct you to the organizations that can provide practical options for closing down.

SBDC

With apologies to Steven Covey, "Starting with the end in mind," is one of the most overlooked elements of business planning. SBDC consultants can talk through a number of issues that influence when, how, and on what terms you plan to exit a business. Some people want to plan a business and only stay involved until the doors are open, while others want to build a business as part of a personal retirement strategy.

Regardless, planning is key in getting a business started and getting out on your own terms. Through structured conversations and long-term planning exercises, we help you visualize your role in the business through different stages so that you can consider and plan for meeting your goals.

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