28A - 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? I believe that I would intend to sell my business in the next 5 years for a large return. I would sell it off to a larger medical company so that they could take the research even farther. 2) Why have you selected this particular exit strategy? I have selected this exit strategy because it will enable me to invest in my future ventures. I would use the money I make to invest in stocks and also start up a new venture. I would also begin a fund for my future family’s education. 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 hav...