Assignment 28 - Your exit strategy

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1)  I don't want to sell my business in the next years. I want to employ more staff so that I can deal with the managerial aspects of the business rather than the operational aspects. Furthermore, I would like to expand. 
2) Only when I achieved my goals and developed my business to a flourishing restaurant chain, I would be willing to exit and sell the business. Otherwise, it would give me the feeling of having failed.

3) My exit strategy has influenced my growth intentions for sure. If I would like to sell my business immediately, I would not need to think about growth opportunities that much. Furthermore, I would not invest that much into resources when I would sell my business soon, because I could not take advantage of the assets anymore. The outlook of selling my business soon would demotivate me, and I would not be willing to invest that much time and energy into my business anymore.

Comments

  1. UnknownNovember 26, 2018 at 11:40 AM

    Hello,

    I admire your goal to want to hire more staff and take over the managerial aspect of your business. I can see how you can feel some type of failure if you leave your business too early or even selling it. Your exit strategy sounds like it is a great avenue for you to go through since you seem to be very dedicated and passionate about your business.

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