1) Identify the exit strategy you plan to make. Do you intend to sell your business in the next 5 years for a large return? Do you intend to stay with the business for several decades and retire? Do you intend to protect the venture as a family business, and pass it down to your children?
I would definitely sell my business if it went for the right price. I would probably want to start something new because I believe that life has chapters and is not a continuous cycle of the same thing. On the other hand, if I truly have faith i my business I would sell parts of it but keep most of the company stock.
2) Why have you selected this particular exit strategy?
Becuase money is a huge part of starting a new business, which is what I would do if I were to sell my business.
3) How do you think your exit strategy has influenced the other decisions you've made in your concept? For instance, has it influenced how you have identified an opportunity? Has it influenced your growth intentions or how you plan to acquire and use resources?
I think this exit strategy is the best fit for me because it could lead to me to something larger and new. It ha influenced my growth intentions
as well.
as well.
I think that this Exit Strategy post was short and to the point. I agree with you that money is very important, and I think that most people would sell their company for the right price. I planned on keeping my business until I can retire, and if you want to see my post about it, this is the link:
ReplyDeletehttp://christheentrepreneur.blogspot.com/2016/04/my-exit-strategy.html
Hi Isabella, I love your idea. I am not quite a vegan, as I still consume fish. I think they label my choice as pescatarian. I respect your exit strategy and think that you have a solid idea of how to pursue different opportunities. If this idea becomes a success you can still start a new venture while maintaining this. Well done! My blog is here… http://acwilliams83.blogspot.com/2016/04/my-exit-strategy.html
ReplyDeleteIsabella,
ReplyDeleteThis exit strategy is straight to the point and thats why I love it! Money is very important especially with handling business, but then again in almost everyone's eyes its the most important in life. From what it seems like here, I think you have a pretty good idea and you know how to go after your opportunities. Check out my post here: http://joeyrubio.blogspot.com/2016/04/my-exit-strategy.html