From Entrepreneurship to Exit: 5 Quick Tips for Successful Transition

Story excerpt provided by Black Enterprise Entrepreneurs Conference.

At the Black Enterprise Entrepreneurs Conference in Columbus, Ohio, sponsored by Nationwide, attendees got the chance to gain key insights on expanding their businesses. Guests David Tarver, CEO of eBuktu Media L.L.C, Clarence Wooten, founder of Progress.ly, and Russell Wright, chairman of Sentel Corp, shared advice on how to assemble the proper team and infrastructure to build value into your business. One vital aspect of business growth is strategy, and when it comes to scaling up, business owners who know what steps to take and when to take them are often ahead of the pack.

Check out five quick tips, shared during the chat moderated by Black Enterprise’s Chief Content Officer Alfred Edmond Jr., on how you can position your business for a successful transition.

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Originally published May 15, 2014.