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Exit Strategy for Language Service Providers - Part 2

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Planning an exit strategy is the most commonly overlooked consideration of an LSP’s business strategy. Failing to plan your exit strategy will make you work for 40 years and become a “penny stacker.” Your exit strategy plays a key role in determining the future direction of your language business. Failing to plan your exit strategy as part of your business goals may limit your options as a business owner as well as the ones of your heirs and successors.

Part 2: Choosing your exit strategy:
• Mergers and Acquisitions
• Alliances
• Passage of control to heirs
• IPO

Published in: Business
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