exit strategies

An exit strategy is a planned approach for an individual or business to leave an investment or venture. It outlines how to transfer ownership, sell a stake, or withdraw from a project, ensuring minimal losses and maximum gains. Common exit strategies include selling to another company, merging, or going public through an IPO. For entrepreneurs, having an exit strategy is crucial for financial planning and risk management, providing a clear path for maximizing return on investment and transitioning leadership or ownership at the right time.