28A – Your Exit Strategy

 

The exit strategy I plan to take is to partner up within 5 years with a larger business that can further help me exploit this opportunity. Most likely expand to other cities and bigger markets. Although my original idea was to sell it to someone that I trust to keep its integrity as a low-key type of spot, as a business-person, this option (if it happens) would make more money and spread the purpose of the venture around larger areas. In the end, I want to spread the love for health and delicious vegan treats to more than just Gainesville. I also believe this concept has a relatively easy to follow skeleton which would make it suitable as a chain. I hadn't thought about my exit strategy prior to this assignment. I guess this whole time, I just imagined that I would pass it on to a friend of mine in order to ensure that nobody changes the business in any ways that would dissatisfy me. My main intention was to keep the genuineness real however considering the latter made me realize the value behind my concept and that other businesses would be waiting to hop on it.