28A- Exit Strategy

Kalie Novosedliak
Professor Pryor
ENT3003- Assignment 28A
April 14, 2020


1) I definitely intend to protect my venture as a family business and pass it down to my children.

2) I chose this particular strategy because my venture is to help a good cause. If my organization is successful and continues to help people I want the future generations to continue this passion and see the issue it stands to address. This is an on going problem our educational system faces, so I feel it is important to pass down an organization that changes lives to my family in order to encourage them the importance of helping people.

3) I do not think my exit strategy has had much influence on my venture. My exit strategy did not have an influence on the opportunity I saw because I definitely had this passion prior to thinking about what I would do with the organization in the far future. I do believe my exit strategy had an influence on my venture's growth intentions however in knowing I wanted to keep my organization family oriented for as long as possible, but it did not have an influence on how I planned to acquire resources.