Acq 1: Introduction
“It’s in your moments of decision that your destiny is shaped”
– Tony Robbins, Author and Busine
All exit scenarios can be broadly categorized into three groups:
- Involuntary: Includes involuntary exits, such as death, divorce, or disability
- Inside: The buyer comes from within your company or family
- Outside: The buyer comes from outside of your company or family
In addition to these three exit options, you can also sell a portion of your business. This can either be an inside sale or an outside sale.
I’ll explain each exit option in more depth so you can determine the recourse that best meets your objectives.