Selling a business?Beware of potential blind spots

Regardless of your exit strategy, they all have pros and cons. However, the most effective exit plans have contingencies for all of these plans. A well thought out exit plan is critical to a successful transition. That’s why I wanted to take a look at some of the common blind spots owners encounter when selling their businesses on the open market.

Even if you’re not currently considering selling, at some point you’ll exit your business. There will come a day when you will no longer be able to fulfill your ownership responsibilities. Whether by personal choice or through disability or death, the reality is that you will one day leave your company.

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