Exit Strategy

An exit strategy is a plan for how someone intends to leave a situation or investment, often used in business and finance. It outlines the steps to take when selling a business, withdrawing from an investment, or ending a project. The aim is to minimize losses, maximize profits, and ensure a smooth transition. For example, an entrepreneur might have an exit strategy that includes selling their company to a larger business after achieving certain growth milestones. Overall, it provides clarity on how to transition successfully and safeguard one's interests in various circumstances.