How to pick the right exit strategy

It is wise for any entrepreneur establishing a business to have an idea of how they will eventually exit that business, how this will be achieved and what they hope to leave with. In my experience, a detailed exit plan is rare: those at the very start of the business-building experience are quite rightly focused on establishing the firm as quickly as possible, and often thoughts about the ‘end game’ are furthest from their mind, even if they have set out an exit strategy within their original business plan. Even with a clear vision of what exit would be preferred at the start of the busi...