Assignment-28A-Your Exit Strategy

1) Identify the exit strategy you plan to make: If my startup were to turn out successful in the beginning years and for a good amount of time past that, I honestly would keep examining how the business does for say, twenty years. If business is still booming by that time in the future, then I would prepare to pass down the business to my children if they want to take on this responsibility.

2) Why have you selected this particular exit strategy: I picked this particular exit strategy for my venture mainly because I would hate to see the business ran by a greedy individual who only thinks about how the business will come up with another way to make a buck the next day. If my children were to take on the business then I know it will be in good hands of how the place will be run when I'm retired and gone.

3) How do you think your exit strategy has influenced the other decisions you've made in your concept: My exit strategy has definitely influenced other decisions made in my concept in the ways of how I plan to execute this venture and manage my time while pursuing this project. I don't think it necessarily has influenced the way I've discovered opportunities for this idea, but it sure has influenced my growth intentions for wanting to see the business have a positive impact before making a decision on what to do with the business in the future.