To write an exit strategy, you need to establish whether it is a long-term involvement exit strategy or a short-term exit strategy. A long-term involvement exit is a strategy plan that s executed over a prolonged period of time for example, transitioning to anther business altogether. A short-term exit strategy is an immediate plan to exit, for example selling the business. You should sell your business with maximum profit; therefore, it is important to start planning the exit from day one. You also need to be clear on the goals you want to achieve in the business.

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