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When business owners are in the midst of building their own company, the end of the adventure may not be the first thing that they plan. Unfortunately, many business owners are caught without an exit strategy when the time comes to sell their business. It is important to prepare your business for a sale long before you even begin to consider leaving the company. This will also aid you in receiving the full value of your business when the time is right.
The following tips will help any business owner—new or experienced—utilize strategies for building business value throughout the years of management.