When looking to retire from your business, you have a few options, all of which require planning during the growth stages of business development. These options can provide you with a substantial financial payout, depending upon your planning and business profitability. Your options include selling your business to a buyer or to employees, merging with or getting acquired by another company, passing your company on (see succession planning), filing for bankruptcy, and liquidating the business.
Business Owner's Toolkit
This site offers advice on the major issues you will face when selling your business, such as valuation, finding a buyer, structuring the deal, and financing.