Although selling the business outright is the cleanest exit path for an entrepreneur, it may have negative tax consequences, and it often excludes the option of "staying on" and exiting gradually.

Name: Although selling the business outright is the cleanest exit path for an entrepreneur, it may have negative tax consequences, and it often excludes the option of "staying on" and exiting gradually.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Selling the business outright can have negative tax consequences and may not allow for a gradual exit.

Although Selling the Business Outright Is the Cleanest Exit Path