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Exiting a Business – Options
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Listing Objective
Primary Objective
Create Awareness
Summarise Activity
This discussion explores options for exiting a business, including selling, merging, succession, or closure, helping owners share experiences, lessons, and practical strategies for smooth transitions.
Core Information
Many business owners face a crossroads when deciding how to move on from their company. Shutting down, selling, merging, or transitioning leadership are all valid paths - but each comes with risks, opportunities, and consequences.
This discussion invites entrepreneurs, founders, and business leaders to share experiences and explore options:
>>> Selling the business outright - what works and what pitfalls exist?
>>> Mergers, partnerships, or buyouts - structuring deals for mutual benefit.
>>> Succession planning - preparing teams, systems, and leadership for continuity.
>>> Closing down gracefully - managing obligations, reputation, and personal outcomes.
Goal: Share practical strategies, lessons learned, and decision frameworks to navigate business exits effectively.
Help & Support
Ambition Area(s)
Business Ambition
Preferred Audience
Business, Entrepreneurs
Proposed Benefits
Business Innovation, Greater Prosperity, Greater Security, Increased Well-being
Type of Help Needed
Exposure & Publicity
Now What?
Next Steps
Considering an exit? Or have experience to help others? Then come and share your knowledge, and solutions with other business owners and entrepreneurs.
Other Information
Location & Impact Details
Address
Truro, Cornwall, England, United Kingdom
Links
Public Group Link
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