A business writer once published an article that an exit plan can also be referred to as a succession plan. Sorry, folks, but that’s just not true. They’re very different strategies intended to accomplish very different objectives, and the actions that a business...
CFO Magazine reported recently that federal banking regulators last month published revised and final guidance for financial institutions that originate leveraged loans, as part of an effort to rein in aggressive underwriting of the instruments that underpin many...
Whether you simply refuse to struggle through one more recession or simply feel that it’s time to wrap it up, your exit is a life event with a bewildering array of options. Assuming you’ve built a business that has real staying power, you could sell it to your...