Written in 2008; 3,155 words; 4 sources; APA; $ 91.95
Paper Summary:
This paper explains that exit strategies have become an imperative part of the entrepreneurial planning process. The author outlines the many reasons why owners of private businesses want to leave the company. Selecting the right exit strategy should coincide with the original vision of the company. The paper relates various exit strategy options.
Table of Contents:
Introduction
How an Entrepreneur Thinks
Getting out of Business is a Process
What are the Options?
Selecting an Exit Strategy
Implementing the Plan
A Different Opportunity
From the Paper:
"Once the opportunity has been established, setting up a strategy is the next step. This is the essence of a new venture and the part that has to be defined exactly right. Strategy takes on a grassroots approach looking at the market from a customer's point of view. What does the customer really want out of this product? What customer value is our competitor not answering? Responses to these questions are the substance to strategy as they lay out what is different about a company and why a customer or client would choose them over somebody else."
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