Startup Funding Espresso -- Exit Strategy Planning
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Most startup exits come through acquisition by another company.\xa0 In planning for an exit, you need to develop a strategic plan that prepares your business for the target acquirer. Here are some key steps: Identify the target acquirer and make contact with the CEO and VPs of the company to discuss a potential acquisition in the future. Discuss the acquirer\u2019s needs from your company. This could be revenue, cash flow, talent, or other. Typically, the acquirer will look for targets on one or more of these categories.\xa0 With this in mind, draw up a strategic plan for the company to hit these targets and use it to set the goals of the company.\xa0 This process often takes up to 3 years to complete.\xa0 At the same time, you can start moving the startup\u2019s organizational structure to match the acquiring company\u2019s structure.\xa0 Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0 For Feedback please contact info@tencapital.group\xa0\xa0 Music courtesy of .