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    Lim Cia Chien
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    Entrepreneurs and investors reap the value of a business when they get out of it. The process involves: Capturing value (cash value) Reducing risk Creating future options. Developing an Effective Exit Strategy Understand What You Want. - Motives for exiting Money Independence Health of the company your management team an heir apparent taking over - Personal identity and the business itself -Avoid "seller's remorse"

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    Entrepreneurs and investors reap the value of a business when they get out of it. The process involves: Capturing value (cash value) Reducing risk Creating future options. Developing an Effective Exit Strategy Understand What You Want. - Motives for exiting Money Independence Health of the company your management team an heir apparent taking over - Personal identity and the business itself -Avoid "seller's remorse"

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
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    9 views6 pages

    Chapter 12 Revised

    Uploaded by

    Lim Cia Chien
    Entrepreneurs and investors reap the value of a business when they get out of it. The process involves: Capturing value (cash value) Reducing risk Creating future options. Developing an Effective Exit Strategy Understand What You Want. - Motives for exiting Money Independence Health of the company your management team an heir apparent taking over - Personal identity and the business itself -Avoid "seller's remorse"

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
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    of 6

    The Harvest Plan

    Part 3 Developing the New Venture Business Plan


    PowerPoint Presentation by Charlie Cook The University of West Alabama
    Copyright 2006 Thomson Business & Professional Publishing. All rights reserved.

    The Importance of the Exit


    Exiting (or Harvesting)
    The process used by entrepreneurs and investors to reap the value of a business when they get out of it The process involves:
    Capturing value (cash value) Reducing risk Creating future options

    Copyright 2006 Thomson Business & Professional Publishing. All rights reserved.

    123

    Methods for Exiting a Business

    Exhibit 12.1
    Copyright 2006 Thomson Business & Professional Publishing. All rights reserved. 124

    Exiting: The Method of Payment


    Payment Alternatives
    Cash
    Immediate and stable in value Tax liability consequences

    Stock
    Immediate but uncontrollable in value Potential problems with disposal of stock

    Copyright 2006 Thomson Business & Professional Publishing. All rights reserved.

    1216

    Developing an Effective Exit Strategy


    Understand What You Want.
    Motives for exiting
    Money Independence Health of the company Your management team An heir apparent taking over

    Personal identity and the business itself Avoid sellers remorse

    Copyright 2006 Thomson Business & Professional Publishing. All rights reserved.

    1218

    Whats Next
    Whatever you decide to do, do it with passion and let your life bless others in the process.

    Copyright 2006 Thomson Business & Professional Publishing. All rights reserved.

    1219

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