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Planning to exit your business

Is it time to step out of the management or day-to-day running of your business? Succession planning involves developing a plan to exit your business and pass on the reins to someone else. It can take time to find the right person and ensure they are willing, able and ready to take over. This is an introduction to planning your exit.

Does your business have an exit strategy? Opens in a new window

Often the focus can be on setting up, operating and growing a business; but you also need to be prepared in case something goes wrong. Having an exit strategy is an essential component to your business, without one you may be unable to sell or hand it over when the time comes to move on. Find out more about the benefits of an exit strategy and find out what you can do to stay prepared.

This information is brought to you by nzbizbuysell.co.nz

The benefits of having a succession plan Opens in a new window

An article on succession planning as an effective, systematic, formalised, and long-term approach to meeting present and future staffing needs for business owners. Discover the benefits to having a succession plan.

This information is brought to you by PricewaterhouseCoopers

Knowing when to sell your business Opens in a new window

When is the right time to sell? Unfortunately there is no easy answer; this article explains what you need to know and the things all business owners should consider. Read about the various scenarios that may affect your business’ viability, and know how keep an eye on the marketplace and stay prepared for anything.

This information is brought to you by nzbizbuysell.co.nz

Grooming your business for exit Opens in a new window

An article for business owners explaining the process involved when it comes to selling your business. Includes checklist of some objectives you should consider.

This information is brought to you by PricewaterhouseCoopers

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Benchmarking, or measuring your business against others in your industry can tell you how well you're performing and help you identify areas for improvement.