Generate a detailed comparison of different exit strategies: acquisition, IPO, liquidation, and passing it on.
Prompt:
502 characters
Generate a full detail guide on business exit strategies, going beyond basic succession planning. The guide should be strategic for long-term thinkers. It must include a detailed breakdown of the pros, cons, and preparation required for: 1. Strategic Acquisition by another company. 2. Financial Acquisition by a private equity firm. 3. Management/Employee Buyout. 4. Passing it on to the next generation. 5. Liquidation. Please include a strong disclaimer to consult with financial and legal advisors.