Half of of exits aren’t from a sale, but from death, disability, distress, divorce, or partner disagreement the 5 D’s. There are a lot of benefits to preparing your business in case you just can’t show up one day. You want to be ready to sell not only when you plan to retire, but also in case you have to do so before you want to.
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Hiring a No. 2 (your COO) should be a No. 1 priority
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