28A- Your Exit Strategy
My exit strategy
is to grow and maintain my company for about ten years or until a larger company
makes me an offer I can’t refuse. The reason I plan to sell this company is
because it is a massive international business that would require a lot of time
abroad and would involve many deals with foreign nations. I would prefer to
move on to a different style of business but I would also be interested in
still maintaining ownership of the company and having new management with more
experience in the field.
Not too many of
my decisions would revolve around this exit strategy because I am focused on
expansion and maintaining a quality product. Those two things would not change
if I wanted to stay in the business for the long term. I didn’t really even
consider what my end intentions were when thinking of the opportunity for
missile defense so my business plan was not altered by exit strategy.
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