An exit strategy describes how value may be realised from an investment or business.
Understanding the concept helps clarify longer-term planning.
For business owners, exit strategies may involve:
selling
passing on ownership
winding down
For investments, an exit strategy may refer to:
when assets are sold
how proceeds are used
This article explains what an exit strategy is, not how to create one.
If exit planning raises questions, some people find it helpful to gain clarity before advice or action. Evoa exists for that purpose — before advice and before action.