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EXIT STRATEGY: Who? What? Where? When? Why?
Manage episode 459575499 series 3565870
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Today, we're diving into a topic that’s incredibly important for small business owners: "Creating an exit strategy." If you’ve ever thought about moving on from your business, whether it’s for retirement, a new venture, or just because the time feels right, you need a solid plan to make the transition smooth and successful. Should you have an exit strategy from the very beginning, right when you’re starting or buying a business? The answer is YES!
(01:27) When to Start an Exit Strategy
(04:04) Planning Time line & Set Goals
(06:04) Professional Valuation & Optimize the Operation
(08:26) Build an Exit Team, Market the Business
(10:47) Close the Deal & Set up your Transition
(12:04) Home Ownership offers a relatable example for a Business Exit Strategy
(16:11) Practical Exit steps, a Roadmap
(19:06) Final Thoughts and Takeaways.
REVENUE RX is a winning prescription for optical store / optometrist owners, where the focus is on making more money!” We uncover new ideas and useful insights as we explore OPTICAL STORE WINS!
The podcast is for eye care professionals (ECP) who want to grow and build their business but don’t know where to start, have run out of ideas & don’t have the time.
For more personal attention: Please click the link below 👇
https://www.revenuerx-opticalretailwins.com
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