There are several key areas to address when formulating an exit strategy:

• What are the 10 things every business owner should put in place as part of their exit strategy?
• What are the exit alternatives and which one is best for the owners of the business?
• What is the current value of the business and how does this compare with the owner’s price expectations? 
• What are the future prospects for the business and what are the threats to a successful exit?
• What does the business need to look like to be attractive to a trade buyer or institutional investor or would the business appeal to the the existing management team?
• What are the opportunities for improving the value of the business and how is this achieved?
• How should the exit strategy be implemented?