The exit plan needs to be part of the decision whether to invest. That’s the advice for business angels looking to invest in start-up and early stage businesses.  New research identifies that the average return of a pro-active exit is more than twice as high as those achieved by exits that occur opportunistically.

In one of the first academic studies to ask ‘how do exits happen?’ researchers from University of Glasgow Adam Smith Business School, University of East Anglia and University of Edinburgh Management School, highlight best practice that can be adopted by the business angel community.