28A – Your Exit Strategy

1. My exit strategy for my business product would be to sell it off after a period of time once my business is worth multi million figures, hopefully in 10 years of it being open and running. Through this exit strategy I would work hard over the years to build capital that would make me be able to retire early in life and pay for and provide for my family. I believe my product has this ability and it will be a great long term investment.

2. I chose this exit strategy because I want to sell my business at its peak and make the most profit that I could over the duration of owning my product. This will help my future the best because I could transition into something different if my interests of selling shoes declines. I believe this tactic of selling my business after 5-10 years is most smart to avoid any decline in the liking of high fashion shoes and clothing.

3. This exit strategy has made me realize that I would like to sell it after 5-10 years because of the possibility of me cashing out and making the most money for my business concept. Why not start low and sell high? That is what business is all about and I would like this to happen for my product some day in the future. My product has a lot of potential for growth and it will ultimately lead me into a lot of success if I turn it into reality. Time will change and I look forward to seeing the future of fashion and how people buy clothes and shoes.