Exit 101 Session 1 Review

What inevitability is compared to ‘death and taxes’ in the context of businesses?

What is a primary goal for both buyers and sellers in a business transaction?

Which of the following is essential for a business to be considered ideal for exit?

What percentage of businesses survive 5 years?

What planning aspect is crucial for preparing a business for exit?

What kind of plan is necessary to optimise work-life balance and prepare for exit?

How is the statistical probability of successfully exiting a business described?

What is emphasised as a key part of the exit planning process?