Exit strategies in entrepreneurship: signposts for the future

The term "exit" refers to the strategy by which founders, investors or owners dispose of or reduce their stake in a company, typically through a sale, merger, acquisition or initial public offering (IPO). A well-considered exit offers the opportunity to realise the value of the time and resources invested and can represent the pinnacle of a company's success. Planning and implementing an effective exit strategy is critical to maximising financial returns and ensuring a sustainable handover or transformation of the business.