Friday, April 12, 2019
Assignment 28A
I would like to sell the business in around a decade. I think this would give me plenty of time to build a well functioning and profitable business. I want to sell it because I don’t foresee myself doing this company for my entire life, and the money from the sale will allow me to finance my next venture. I think my exit strategy has influenced many things, like identifying an opportunity based on the profit to be made rather than a need a very much want to fill. I also think it influences how I plan to acquire resources. Since the goal is to sell the company in the end, we would want to acquire as many resources as possible to increase the worth and effectiveness of the company.
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Hi Joe,
ReplyDeleteI think you have come up with a great and realistic strategy that can be accomplished and will put you in a good position to pursue your next business venture. I would do something similar with exist strategy because once I have succeeded with my first business I would want to the same thing all over again and challenge myself with building something from the bottom up.