What are the three steps of an exit strategy for an affiliation?
a) Communicate with the affiliate partner about the decision to exit the affiliation and the reasons behind it
b) Plan the transition process and facilitate the transfer of assets or responsibilities
c) Ensure legal and financial aspects are taken care of, such as terminating contracts or settling any outstanding payments
d) Evaluate the impact of the exit on both parties and maintain communication to address any issues that may arise in the future.