Sure it can be complicated, confusing and a bit scary, but if you’re prepared, exiting your green industry business can be a smooth transition. It really comes down to three key choices for transitioning your business. Consider these three choices:
- Transition to a family member or key employee
- Go with an outside third party
- Liquidation
Which option makes the most sense and how can you avoid option number 3? The sooner you know what option you prefer, the sooner you can make money.
Don’t lose money by waiting and/or being forced into a position of liquidation.