What’s the difference between harvest strategy and exit strategy?
In their latest blog Business Network South Manchester members Uscita talk about enjoying the fruits of your labour.
There’s nothing like the feeling of growing and harvesting the fruits of your own labour. Fresh veggies straight from the garden taste divine yet are short-lived. Whereas the rewards of harvesting from your own business have the potential to last you for the rest of your life. That is, if you plan your exit strategy carefully to help you achieve your desired outcomes.
In this blog, we consider two approaches a business owner might use to plan their way out of their business: Harvest Strategy and Exit Strategy. We’ll look at the differences and similarities between them and explain which method we recommend using if you’re thinking of selling your business.