Business Terms and Jargon Explained

What is Exit strategy

This is a plan to get out. This can be to get out of a business, a company or any situation. A shareholder or investor may sell his shares to a third party, the existing shareholders or back to the company to get a out of a business. If a situation or a deal that you are involved in is going in a direction you do not want to go then you can get out of it. It is not always that easy and having a plan or strategy can help.

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Back Office Devils Advocate Abandon
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Term created / updated 2008-08-21 14:47:33

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