Welcome to the Small Business Ideas Forum! We are a community of over 100,000 small business folks with over 163,000 posts for you to browse. We pride ourselves on being the friendliest forum you will find and we'd love to have you as a member of our community. Please take a moment and register for a free account. If you need any help, please contact Chris Logan.

Small Business Ideas Forum

Small Business Ideas Forum

A friendly place to share small business ideas and knowledge, ask questions, find help and encourage others that are involved in the small business industry. Topics include small business marketing, generating revenue and small business computing.

Go Back   Small Business Ideas Forum > General Issues > General Small Business Issues
Register Search Today's Posts Mark Forums Read

Reply
 
Thread Tools
Old 31st July 2013, 12:03 PM   #1
AngelBiz
VIP Contributor
 

Join Date: May 2010
Location: Detroit, MI
Posts: 1,249
Default The Arguments For And Against Early Exit Strategy

Most businesses are built so that they can eventually dole out rewards to their hard-working owners on exit. Whether the intention is to sell the company, offer it as an inheritance or wean it into a self-supporting profit-making machine, the ultimate goal for many business owners is to be free from day to day operations and get sufficient return on their investment of time, effort and money. That is why exit strategy is as important as building the business itself.

Some analysts believe that it was Marc Zuckerberg’s lack of exit strategy that turned Facebook into a public company which eventually lost them millions of dollars. Without a well articulated exit strategy, the business was overtaken by legal defaults that could have been avoided otherwise.

Read more - http://www.smallbizviewpoints.com/20...exit-strategy/

AngelBiz is offline   Reply With Quote
Register or log in to remove this ad.
Old 11th August 2013, 01:35 PM   #2
BeBizsmart
VIP Contributor
 
BeBizsmart's Avatar
 

Join Date: May 2013
Location: Sydney
Posts: 255
Wink

Nice piece Harry.Planning an exit strategy is the most commonly overlooked consideration of a business strategy, yet the exit strategy plays a key role in determining the strategic direction for the company. By not planning an exit strategy beforehand, business owners, their heirs, or their successors may find that the options in the future are limited.Review which suits you best and take follow it-could be the liquidation strategy,selling to a friendly buyer,the modified Nike maneuver and so on.

__________________
The Friendly Team at;
http://www.boardroomtalks.com
BeBizsmart is offline   Reply With Quote
Old 12th August 2013, 04:47 PM   #3
AngelBiz
VIP Contributor
 

Join Date: May 2010
Location: Detroit, MI
Posts: 1,249
Default

Quote:
Originally Posted by BeBizsmart View Post
Nice piece Harry.Planning an exit strategy is the most commonly overlooked consideration of a business strategy, yet the exit strategy plays a key role in determining the strategic direction for the company. By not planning an exit strategy beforehand, business owners, their heirs, or their successors may find that the options in the future are limited.Review which suits you best and take follow it-could be the liquidation strategy,selling to a friendly buyer,the modified Nike maneuver and so on.
Thanks BeBizsmart. I am glad you liked it. Agree with you that exit strategy can definitely guide you on strategic direction for your business.

AngelBiz is offline   Reply With Quote
Old 8th November 2015, 04:16 PM   #4
jrobconsult
Member
 

Join Date: Jun 2006
Posts: 64
Default

One thing to take consideration about an exit strategy is the type of business. A Mom and Pop retail store may be in business 30-50 years later and things have changed. Their only option may be to liquidate the merchandise and fixtures.

jrobconsult is offline   Reply With Quote
Reply   

Bookmarks




Thread Tools

Get Updates
RSS Feeds:
RSS Feed for General Small Business Issues RSS for this Category Only: General Small Business Issues

RSS Feed for Small Business Ideas Forum RSS for Entire Forum
Forum Rules


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


Small Business Ideas Forum


 
At Your Business - Small Business Directory
Free Business Forms - Prewritten Documents
 
Search Engine Guide
Small business guide to search marketing

 
Small Business Brief
Fetching the Best Small Business Info


Free Links - Free Advertising
Free Guide - Online Directory



Advertise your business here
Contact us for more details!


Semantic Juice
Register now to access free Quick SEO service!


Rocket Lawyer
Sign up for free 7 day trial. Boost your biz!


Buy UPC Codes
Get your products listed online!




All times are GMT -5. The time now is 03:06 PM.


Powered by vBulletin® Version 3.7.3
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Copyright 2004 - 2018 - Privacy