Harvest Time
Reaping What You’ve Sown
Key Topics Covered in This Chapter
•three reasons for cashing out
•the advantages and shortcomings of various harvesting mechanisms
•methods for valuing the entrepreneur’s investment
SOME ENTREPRENEURS pass on their businesses to family members. The majority, however, eventually look for an opportunity to harvest the monetary value they have created—value that is locked up in the enterprise. This chapter examines the motivations that lead to harvesting, the primary mechanisms for doing so, and the methods used to determine business value.
Why Entrepreneurs Cash Out
There are probably as many reasons ...
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