An exit plan is not about walking away. Exit planning is about protecting accomplishments and ensuring the next phase supports financial, operational, and personal goals.

The plan is something everyone hopes they never have to use, but it's readily accessible if needed. Yet, when it comes to actual business emergencies, many companies don’t have a plan to follow.

Many lenders require businesses to be at least two years old to be approved. If your company hasn’t reached that benchmark, there are online banks and alternative lenders that only require six months ...