Business, Culture and Entrepreneurship

Monday, June 16, 2008

Exiting your business

From my twelfth article in the Start-up Logic entrepreneurship series in the Hindu BusinessLine

Whenever I read of a pre-nuptial agreement, I react viscerally. Not that I am particularly romantic, nevertheless there is a sense of foreboding. Putting in place an agreement should the relationship fall apart, even before the marriage, seems unsettling to say the least. In the Indian context, where marriages are still largely arranged and families actively contribute to heal rifts (and in some instances serve as the source), there is no major downside to a pre-nuptial la ck of preparation. However, in the case of entrepreneurial businesses, even those that plan well before starting up, often give little thought to how it might end.
Read the rest here.