Wednesday, February 8, 2012

Planning Effective Exit Strategies For Business Owners

Many business owners are finding it difficult to retire or transition out of their business due to a lack of exit planning. Shrinking cash flow, net income and credit have forced owners into fight-or-flight mode. Several companies have successfully compensated by trying to expand sales and cutting costs. Many small to mid-sized companies, however, have experienced a drop in value, with no end in sight.

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