In This Chapter
Transferring great business models
Making your business model more than a personal brand
Selling your business may not be the best exit strategy
Creating a graceful exit versus selling the business
Exiting your business at the right time
Selling for the right reasons
You may be asking why a chapter on selling your business is included in a business models book. If you’re running a public company, feel free to skip this chapter. Capital markets provide public companies a ready-made exit strategy that smaller businesses can’t access. I’m assuming that most people reading this book own or will be creating a mid-sized or small business.
At some point, you’ll want to transfer operation of your business to others and collect the fruits of your labors. I call this a graceful exit. The design of your business model can facilitate a graceful exit or make ...