Exit Strategy Tips from Global Resources

CHICAGO - June 21, 2016 - PRLog -- The business experts at Global Resources often see small business owners making mistakes when selling their business, which typically results in the loss of profit. Although selling a business can be a very challenging process, business consultants help make the process as easy as possible for the business owner.

The pros at Global Resources work diligently to create the most beneficial exit strategy that best suits the business owner and the business.  If you're considering the sale of a business, here are some of the things to consider when choosing an exit strategy:

• Your future role in the business - Part of your decision will depend on whether or not you want to continue to manage your business. In an IPO or a management buyout, you and your team will play much the same roles before and after the transaction. In a strategic acquisition, however, the acquirer may replace you and your team with its own people.
• Assess your liquidity needs - Many business owners view their exit strategy as a chance to reap the benefits of their hard work and to increase their personal liquidity. However, not all exit strategies work equally well in this respect.
• Consider your company's future potential - Perhaps you do not require immediate liquidity, but want to participate in your company's future growth potential. In this scenario, you will want to choose an exit strategy that allows you to retain an ownership interest.
• Evaluate market conditions - Demand for your company's products or services, the appetite for IPOs and acquisitions among both investors and strategic buyers, and other market conditions also will have an impact on your exit strategy. Talk with your private equity partner, as well as with any commercial lenders, investment bankers, or other financial professionals, about trends in the marketplace.

About Global Resources LLC

Global Resources is a full-service business development group and general management consulting firm focused on small and medium-size privately-held companies in North America. We were formed to help small and medium-size businesses maintain positive cash flow, control costs and accelerate profitable growth, allowing entrepreneurs and managers to make the most of their work and their lives. Through business analytics, consulting and strategic tax planning, we are a lifetime resource that offers business owners the freedom to grow.  For more information, visit https://globalresourcesusa.wordpress.com/.