Your Exit Strategy (assignment 28A)

1. I haven't thought much about the exit strategy I plan to take, however, I will explain what makes the most sense to me. After growing the company to its fullest potential, and in the event that I see the market dying or the business not doing well anymore, I would most likely end up selling the business and trying to secure some sort of equity in it as I was the owner. I believe that with the equity, I can still be attached and earn from it, but then I can move on and start something else if I see a better opportunity down the line. I believe that this time will most likely come sooner than I expect as technology is really taking over these jobs and, maybe in the future, this market is completely taken over by technology. 

2. I selected this strategy as there really isn't another option as far as my business goes. Of course I can shut down, or pass it down to my kids, however, I don't see this business being one that can be handed down, and it wouldn't be smart for me to just shut down a business and stay with it till the end. 

3. I think that with thinking about this exit strategy, I have mentally made some decisions that reflect the way I feel. For instance, I have not made any plans to invest huge amounts of capital into this business to make it something I cannot give up, and I don't dedicate my entire life to it as I know the market can be taken over at any time. Other than that, I haven't really thought too deep into my exit strategy, therefore, I am not aware of the decisions I made from thinking of it.