When Is the Right Time to Begin Thinking About an Exit

question 32

Multiple Choice

When is the right time to begin thinking about an exit strategy?

• A)When the owner wants to retire
• B)When a willing buyer expresses an interest
• C)When declining health forces the owner to leave active management
• D)When the money is first investedint he business

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Definitions:

Delayed

Pertaining to something that has been postponed or set to occur at a later time than originally planned.

Monthly

Pertaining to something that occurs, repeats, or is calculated on a monthly basis.

BAT Model

Behavioral Analysis of Teams Model; a framework for analyzing team performance and dynamics, focusing on behavior as the primary factor.

Trading Cost

Expenses incurred when buying or selling securities, including commissions, spreads, and slippage.