As there are many available techniques to monetize a business, owners should carefully consider their available exit options. Regardless of the option chosen, the process takes a long time and careful planning well in advance is recommended. With a good team of trusted advisors, a business owner can obtain information on the benefits and drawbacks of the many exit strategies available and plan and implement the decision that is best for the business and the family.
Mitchell S. Roth is managing partner and shareholder at the law firm Much Shelist. He has more than 20 years experience advising entrepreneurs, business owners, investors and C-suite executives at large public and privately held companies
Michael Shaw is chairman of the business and finance group and head of the private equity practice at Much Shelist.