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Six Money Mistakes Most Solution Providers Make

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    Channel Insider Staff

    | Posted 2008-07-18
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Six Money Mistakes
Most Solution Providers Make

3. Having No Exit Strategy

Once they start the business, most owners have no idea how they might actually sell the business. As a result, the business dies when the owner leaves it, which means it had no value beyond sustaining the owner's lifestyle. Milove suggests planning an exit strategy five to seven years prior to any plans to leave the business.

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