Q: Friends who run companies, as well as the occasional investor I have spoken to, keep asking me what my exit plan is. I do not have one. I am not looking to raise money at the moment and have no plans to sell my business so as far as I am concerned I do not need one. Am I setting myself up for a fall?
Alex Macpherson, head of ventures, Octopus Investments writes:
WHAT is it you really want from your business and what are your personal ambitions? And how might your ambitions alter? Those are the first questions any business owner should be able to answer whether they are planning a sale or not.
To read the full, original article click on this link: Business Clinic: Do entrepreneurs need an exit plan? - Telegraph
