Avoid Falling Into This Common Exit Trap
Planning to exit your business and create a liquidity event in the next few years?
Hold on a second. There’s a lot more to it than just hitting a magic revenue or EBITDA target, slapping up a ‘For Sale’ sign, and waiting for offers to roll in.
And that’s without even factoring in any new tax policies the government might introduce between now and your exit!
I’ve seen many shareholders surprised to learn they’ve been unknowingly sabotaging their own exit plans for years.
After spending so much time building their companies, they often leave millions on the table or face delays in reaching an exit.
The most common mistake I see is shareholders failing to understand exactly why their business will be acquired. By not focusing on creating value around that key reason, they miss out on maximising their valuation during discussions.
Another common issue? Businesses not becoming ‘sale ready’ or leaving it too late to prepare for a smooth exit.
Don’t let that be you.
#nextlevelgrowth #exitlaunchpad #exit
