Founder & Entrepreneur Exit Planning
Exit planning is the preparation for the exit of a company founder or owner from his or her company. The objective is to maximize the company value. Options can include: merger, acquisition, management buyout, sale to employees and restructuring.
Exit planning differs from succession planning in that succession planning is simply part of the overall exit planning strategy.
Company owners commonly do not see their company from the standpoint of a potential buyer, and thus, ignore the strategic management of the company.