Do you have an Exit Plan for your translation/interpreting business? Do you know what an Exit Plan is? An Exit Plan is simply your long-term goal, i.e. your ultimate aim for being a self-employed translator and/or interpreter. Where are you taking your business? What will it ultimately provide you with? Having a clear long-term goal, and a clear understanding of what motivates you to get there, will give you the drive to keep going when things get tough. In this post, I will ask you a series of targeted coaching questions to help you develop your Exit Plan.
Exit Planning is the first step in a process known in business coaching as “Strategic Planning”. It comes before the Business Plan — which I will discuss in a future post — and sets the direction for the business.
Strategic Planning and Performance Evaluation
The Exit Plan describes what will happen when…
View original post 431 more words