What's Your Exit Strategy: 7 Ways to Get the Maximum Value Out of the Business You've Built

What's Your Exit Strategy: 7 Ways to Get the Maximum Value Out of the Business You've Built

by Peter Engel
     
 

If you're like most entrepreneurs, you probably haven't considered the most important step you'll ever take as a business owner—leaving. Did you know that by not having the right exit strategy in place—today—you're risking not only the wealth your business has created but also your own financial security? Too many entrepreneurs have forfeited

…  See more details below

Overview

If you're like most entrepreneurs, you probably haven't considered the most important step you'll ever take as a business owner—leaving. Did you know that by not having the right exit strategy in place—today—you're risking not only the wealth your business has created but also your own financial security? Too many entrepreneurs have forfeited millions through unwise divestitures. It doesn't have to be that way for you. This book shows you step by step how to develop an exit strategy that's right for you, your business, your employees, and your family.



In What's Your Exit Strategy?, business expert Peter H. Engel walks you through the proccess, describing in detail each of the exit strategies and their implications. You'll learn which of the following strategies will maximize your wealth:
Selling to a startegic buyer—supplier, customer, or competitor
Selling to a financial buyer
Going public
Selling to your heirs or employees
Liquidating your assets
Enforced liquidation
Managing for life

Whether you're a brand-new entrepreneur or a long-time business owner, What's Your Exit Strategy? is your blueprint for a secure—and profitable—future.



"Peter Engel's advice—that the right time to establish an exit strategy is at the start of a business—is enormously valuable. And the book's fun to read too."—Sid Feltenstein, president & CEO of A&W Restaurants



"Having exited without reading Peter's book definitely hurt. Why wasn't it written when I sold my company?"—Jeffery Ullman, founder & CEO of GreatExpectations Video Dating Sevice



"A must-read for anyone who is serious about building a seriously successful business!"—Dr. Jon Goodman, executive director of EC2 (The Annenberg Center Incubator Project), University of Southern California



About the Author

Peter H. Engel is a former senior corporate executive with Colgate Palmolive and a successful entrepreneur who has founded and profitably exited eight different companies. A prolific business writer, he has also been a professor of entrepreneurship at the University of Southern California's business school. He lives in Los Angeles, California.

Read More

Product Details

ISBN-13:
9780761519973
Publisher:
Crown Publishing Group
Publication date:
08/04/1999
Pages:
242
Product dimensions:
6.36(w) x 9.31(h) x 0.98(d)

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >