An Exit Strategy is a crucial plan that outlines how an investor or business owner intends to leave their investment or business venture. It can involve selling the business, merging with another company, or liquidating assets. This strategy not only helps maximize returns but also minimizes risks.
Having a well-defined exit strategy allows you to prepare for unforeseen circumstances and ensures a smooth transition. Whether you're an entrepreneur or an investor, understanding your exit options is essential for long-term success and financial security. Plan ahead to secure your future!