Your Exit Strategy

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?
1. I would plan to stay with the business until I retire, eventually using it to generate passive income.
2. Why have you selected this particular exit strategy?
1. Because if I were to start this venture I would want to see the expansion of the idea until the end.
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?
1. It didn’t influence how I identified the opportunity but it does influence the growth intentions. In the previous post I said in 5 years I would have liked to have expanded across Florida, but eventually I would have liked to have expanded across the country.