28-A Exit Strategy 1) My exit strategy really does come down to if my business is successful or not and how successful it really is. If my business is raking in a lot of money and growing, I think I would keep it and continue to grow it to become a bigger business but if my company is doing okay and I feel as if I cannot make a big difference in the remaining life of my business, I would try and sell it to someone who can grow the business. If I did decide to keep my business, I would keep it to provide for my family until one of my children is old enough to own it, that is, if they wanted to inherit the business. If not, I would sell it and use the money to retire. 2) My strategy relies on what my kids want and how successful I am. I want this strategy because I don't want my children to be born rich and spoiled, I want them to learn on their own, fail on their own so that they can go through the process I went through instead of just being handed money. 3) This stra...
Comments
Post a Comment