Fail, Pass Down, or Sell: What's Your Exit Strategy?

"The last thing most entrepreneurs think about is selling their businesses. Whether you’re building a business for the long haul or are shooting to establish the next hot tech company, you’ll eventually want to be rewarded for your hard work, good planning, and risk-taking. But unless mortality rates stop hovering around 100%, owning your business forever isn’t an option. So what’s your exit strategy?

When you think about it, there are only three end scenarios: The business will fail, the business will be passed down to your children, or the business will be sold. Which one are you working toward?"

Read more at:

Fail, Pass Down, or Sell: What's Your Exit Strategy? - Forbes:

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.