Business Exit Strategy

Think: "Business liquidity," as in "How do I turn my 22 years of hard work in building this business into real cash that I can retire on?"

One 'exits' a business by selling it to an investor, a bigger business, or existing management...or by doing an IPO, so that the owner of the business can leak her shares slowly into the marketplace, turning them into cash for Porsches, Coach luggage and second homes on the beach.