Future Planning and Risk Management: An exit strategy helps entrepreneurs plan for the future by identifying potential risks and opportunities. This enables them to make informed decisions that align with their long-term objectives.

Valuation and Growth: Having a defined exit strategy can increase the value of a business, making it more attractive to potential buyers or investors. It also guides entrepreneurs in setting growth milestones that are aligned with their exit goals.

Flexibility and Control: An exit strategy empowers entrepreneurs with flexibility and control over their business's destiny. It allows them to pivot and adapt to changing market conditions while maintaining a clear vision of their end goal.