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Exit Your Business on Your Terms
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January 19, 2023
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Securing Your Exit Strategy

There’s been a lot of research done on business owners and their top business planning priorities. But the one statistic we don’t need research to prove: 100% of business owners will exit their businesses someday. Exit planning is the ongoing process of developing a written strategy for the day a business owner leaves his/her leadership or ownership role in the business due to a voluntary or involuntary departure.

Dive into this guide from MassMutual and SCORE to better understand what it takes to leave your business including: 

  • Knowing your existing options
  • Selecting a successor 
  • Business Evaluation
  • Retirement

 

La versión en español comienza en la página 13 de este documento.

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MassMutual

Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyholders. MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities.

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Copyright © 2023 SCORE Association, SCORE.org

Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

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