When starting a business entity, one of the most important—and often overlooked—decisions is choosing the right structure. From sole proprietorships to LLCs to corporations, each business entity comes with different legal, operational, and tax implications.

Exiting a business involves more than selecting a date and placing the company on the market. It requires careful preparation—financially, operationally, and emotionally—to ensure a smooth and successful transition. A thoughtfully developed exit plan enables business owners to preserve value, maintain continuity, and part ways on their own terms. But too often, expectations around timing, ease, and outcomes don’t reflect reality.