Exiting the Business Successfully

In the new Forbes magazine article, “Tips For An Entrepreneur To Exit The Business Successfully,” business consultant Larry Grypp lays out a path for doing just that. Here’s what you need as you go into this process:

• Trust
• A defined and shared purpose
• Effective communication and conflict resolution skills
• A team to help you transition

“When we think about succession, and what somebody started or subsequent generations now lead, it’s so critical that they think through these issues,” explains Grypp. “Doing so will give them the best chance to have their company, their employees, and what they do in their communities, to all have a successful future.”

To read more, see the article from Forbes magazine.