Owners should have exit plan
By Laura Raines
For the AJC
Timing is an essential part of a class act. You’ve got to have an attention-grabbing entrance, a spectacular performance and a strong finish. The same is true of your business.
You started with a sound marketing and financial plan. You’ve been performing and growing ever since. In 10 years, you’d like to retire to the lake or your next venture. So, what’s your exit strategy?
“Baby boomers have been America’s most ‘entrepreneurialist’ generation, and that’s been good for the economy,” said Patrick Ungashick, partner with White Horse Advisors LLC, Atlanta financial consultants to closely held businesses. “There are about 15 [million] to 18 million closely held businesses in this country and about 60 percent are baby boomers.”
Read more…Owners should have exit plan | ajc.com
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