This Exit Mechanism Issues List describes the mechanisms and/or reasons that a partner may use to exit from a venture.
Ohio Exit Mechanism Issues List
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Multi-State
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US-P0626-AM
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FAQ
Your exit plan should be focused on two main objectives: 1) maximizing your company's value prior to your exit, and 2) ensuring that you accomplish all of your business and personal objectives as part of the exit.
There are only four ways to leave your business: transfer ownership to family members, Employee Stock Option Plan (ESOP), sale to a third party and liquidation. The more you understand about each one, the better the chance is that you will leave your business on your terms and under the conditions you want.
Examples of Exit Plans In the years before exiting your company, increase your personal salary and pay bonuses to yourself. ... Upon retiring, sell all your shares to existing partners. ... Liquidate all your assets at market value. ... Go through an initial public offering (IPO). Merge with another business or be acquired.