28A – Your Exit Strategy

The exit strategy that I fully plan to make would involve my business being sold. Specifically, I do fully intend to sell my business in the next 5 years for a large return. I have selected this particular exit strategy because I doubt I will be able to handle all of the responsibilities in regard to managing my business. Essentially, I plan to take the money that I would receive from the sale of my business and invest in other areas such as stocks and other businesses. I would prefer to be involved in various successful businesses as opposed to running the show on a daily basis for just one business. My exit strategy had certainly influenced the other decisions that I have made in my concept to a certain extent. The exit strategy of selling after 5 years helped me identify the opportunity of investing in alternative companies to become a profitable part-time owner. Ultimately, my exit strategy has undoubtedly influenced my growth intentions as well as how I plan to acquire and use resources, thus enabling me to incur plenty of profit and avoid debt before my inevitable departure.