BGN Entrepreneur

Small business owners can appear better at starting up business than exiting them. But truly successful entrepreneurs can apply the same fundamentals of good business to both. Know your costs and get the best value from what you put in.
For many SMEs, the exit will be either an internal or external management buyout, or a transition within the family. With the economy poised to return to growth, there are also likely to be more private equity firms and trade buyers prepared to dip their toes back into the market and snap up some acquisitions. But however it happens, exiting needs careful management.
The challenge for the business owner is how to remain an attractive proposition without becoming a bargain.

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