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This title is a part of the series You're the Boss: Starting and Running Your Own Business
Catalogue Number: 394146
ISBN Number: 978-1-61733-519-8
Producer: Films Media Group
Subject: Business Studies
Language: English
Grade Level: 9 - 12, Post Secondary
Country Of Origin: United States
Copyright Year: 2011
Running Time: 25
Looking Ahead: Exiting Your Business

Catalogue Number: 394146
ISBN Number: 978-1-61733-519-8
Producer: Films Media Group
Subject: Business Studies
Language: English
Grade Level: 9 - 12, Post Secondary
Country Of Origin: United States
Copyright Year: 2011
Running Time: 25
It might seem contradictory, but decisions about how to end a company are just as important as the dreams that give birth to it. There may even be reasons that make a pre-planned exit strategy mandatory, such as the specific needs of investors. This video explores various end-game scenarios for business owners, helping to clarify long-term goals for anyone on the verge of creating a company while detailing the possibilities and challenges that each type of conclusion involves. Viewers are introduced to the pros and cons of being bought out in installments; selling a company outright to a friendly party or a competitor; merging with another firm, including the option of staying on in some capacity; going the IPO route, an expensive and rarely pursued option but one worth discussing; and liquidation, with its need for proper record-keeping, government paperwork, and asset sell-offs or storage. In all cases, the focus is on walking away with the best possible outcome.
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