Laying the Foundations: Building Your Business with an Exit in Sight

Capital Connections by Lorette Farris

Episode notes

Explore essential strategies for building your business with an exit in sight. Learn the importance of exit planning from day one, cultivating an exit-oriented mindset, and practical steps to increase your company's long-term value and appeal to potential buyers. Whether you're a solopreneur or run a small business, discover how strategic development from startup to sale-ready can position you for a successful exit. Perfect for entrepreneurs aiming for growth with an eye towards a future sale.

The article discusses the importance of having an "exit-oriented mindset" when building a business - planning from the start for an eventual sale or transition of ownership. It provides practical strategies entrepreneurs can implement over a 2-5 year timeline to increase their business's value and marketability.

Key strategies covered include:

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exit strategybuilding a business to sellincreasing business valuebusiness exit mindsetmaking a business sale ready