28A- Your Exit Strategy

Exit Strategy

1) Identify the exit strategy you plan to make.

For my business idea of developing a service that can help troubleshoot and solve device problems mainly for the elderly I believe my exit strategy would be to stay in such business for at least a decade. This is a service that grows along side technology and I like to think that the business in particular can grow to a prime stage in more than 5 years. This business is intended to be sold at a big mark up in order to give more space to other ideas in the future.

2) Why have you selected this particular exit strategy?

I have selected this particular strategy because of the time this business idea can take to grow. It is not a quick and easy business to grow so in order to receive the best offers this business has to grow for longer than 4 years.

3) How do you think your exit strategy has influenced the other decisions you've made in your concept?

This exist strategy has influenced a lot on my growth process, it allows myself and my business more time to grow. This will give me more capital to invest and more opportunities to perfect my business throughout the years.