Business and Finance

Exit Strategies for Small Businesses - Blog with links to resources

  • 1.  Exit Strategies for Small Businesses - Blog with links to resources

    Posted 10-28-2020 21:41
    My latest blog examines exit strategies for small businesses. The COVID-19 pandemic has created an uncertain economic future, with 60% of businesses that closed overall having permanently closed, and numbers continuing to rise. While having an exit plan can seem pessimistic, it can be helpful to consider options. Our Small Business Hub research guide has a section titled "Exit Your Business" that highlights some resources and useful search strategies and includes a section on COVID-19 resources on its introduction page. The Small Business Administration also has a business guide "Sell or Close Your Business" on how to create a thorough plan to transfer ownership,sell, or close your business.. Exit Strategies: How to Exit Your Small Business
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    Exit Strategies: How to Exit Your Small Business
    This post was co-written by Lynn Weinstein and Natalie Burclaff, Business Reference Librarians in the Science, Technology, and Business Division. The COVID-19 pandemic has created an uncertain economic future for many small businesses. Yelp, the online review platform, recently released its September 2020 Local Economic Impact Report.
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    Lynn Weinstein
    Business Reference Specialist
    LIBRARY OF CONGRESS, BUSINESS
    202-707-7934
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