28A – Your Exit Strategy
1) If a someone is willing to buy my business I would for sure sell it for a lot of money. I intend of having a piece of the business to receive revenue but I don't think that I would stay with the business for several decades. I could stick with the business for a couple of years and then ive it off to my children and make it a family business.
2) I would most likely sell it and ask for annual pay because after putting so much hard work into it I feel like I would be over it and hand the responsibility over to someone else and just get money for creating it, and move onto my next project.
3) I don't think it had an influence on my other decisions I made because I never really thought about it until now. Either way if I was gonna keep it or give it up I would still work just as hard on it now.
Natalie,
ReplyDeleteI think that your exit strategy is wonderful. In comparison to other concepts in our group, I think that your idea could survive long after your exit. This is based on the need for parking. There will always be a need for parking in Gainesville. Your idea of a partial exit I believe is a great move. This will allow you to receive revenue, while not directly interacting with the business. Your idea seems sound, and I hope that your idea becomes a reality. We really need some more parking. :-)