Too Long; Didn't Read

Whatever strategy you choose, the process should begin with a clear understanding of your business's value and market conditions. Next, it is important to remember that potential buyers will be interested in a thorough review of your business from a financial, legal and business perspective. This means that your business must be transparent and all financial records must be in order.  Both an acquisition and an IPO involve financial disclosure, compliance and reporting requirements. While the management buyout is less complicated in terms of paperwork, these deals are not free from compliance requirements.  Given all the above, try to start planning your exit well in advance, at least 3-5 years before the target date.