Although business exit planning is complex, you will find it easier to reach your goals thanks to the assistance of suitably qualified legal, estate, financial and sell business brokers.
Some of the advantages of liquidation as an exit strategy include the ability to shut down operations fairly quickly. However, the approach comes with multiple downsides. As a business owner, you will be faced with the lowest ROI. You can expect funds from the disposal of assets, such as inventory, land and equipment. The value of second-hand business assets can be significantly low.
Selling a company on the open market is undoubtedly one of the most popular exit strategies. The approach allows you to incorporate goodwill and assets in the valuation of the business. Buyers are attracted to profitable ventures and can be willing to pay good prices, thus maximizing your return on investment.