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The 5 Biggest Mistakes Business Owners Make When Exiting Their Business
Manage episode 473457276 series 3655270
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In this episode of By Design, we uncover the 5 biggest mistakes business owners make when exiting their business—and how you can avoid them. Whether you’re considering selling now or in the future, these insights are critical to ensuring a smooth, profitable transition.
We’ll explore:
1️⃣ The importance of a strategic exit plan.
2️⃣ Why over-reliance on the owner can derail deals.
3️⃣ Misconceptions about business valuations.
4️⃣ The need for a post-exit financial and personal plan.
5️⃣ How to handle the complexity and costs of the exit process.
Don’t let these common mistakes hold you back. Tune in to learn how to exit your business successfully—by design, not by chance!
Website: https://www.bydesignadvisors.com/
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