I plan on staying with my business until I retire because my product will be in high demand for years to come. In many University buildings, there are not enough outlets for their students, and it is cheaper to buy my product instead of building new buildings with more outlets in them. I think that my business has the potential to be very lucrative; therefore, I plan on running this business till I retire.My exit strategy has influenced other decisions for my product in the way that I have made sure I can continue to expand my business to be the most successful it can be without going bankrupt.
Alexandra, I decided to stay with my business as well until it is time for me to retire. From there I wanted to keep it within my family, is that what you had in mind as well? I do think your product will be high in demand and has a lot of potential for expansion. Here is the link to my blog post if you are interested in reading it: http://ariellechristina.blogspot.com/2016/04/my-exit-strategy.html
ReplyDeleteHey, I understand where you are coming from. If you see your idea still being very popular in the future then it would be great to invest in it now. A dollar today is worth more than a dollar tomorrow. You can check out my blog post at http://mercerwill.blogspot.com/2016/04/my-exit-strategy.html
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