While you might not equate your business exit strategy with a family vacation, it actually helps to think of it like one (metaphorically speaking, of course). You probably wouldn't wait until a couple of weeks before your departure to start planning the trip. You wouldn't hold off until a few days before leaving to let your business know about your plans.
Putting off all that planning until the last minute would be a headache to you, a major stressor to your business, and ultimately a detriment to the overall enjoyment of your vacation. The same thinking applies to your business exit strategy. It takes careful planning, intelligent strategizing, and keen thinking to build an effective business exit strategy for yourself. This is true even if you have no intention of exiting anytime soon. Here's how to get started.