When should I plan my exit strategy?

Even if you don’t plan to sell your business soon, it is wise to have an exit strategy and to devise your plan as soon as possible. This will ensure you are prepared for unexpected events, such as changes in personal circumstances or fluctuating market conditions, ensuring that your business and personal goals are safeguarded. Having an exit plan in place will enable you to implement strategies to increase the value of your business and prepare for a successful future sale and transition.