Shawn Davis

28A – Your Exit Strategy

            My exit plan of my business would be me staying with the business for several decades and when it’s time for retirement I would keep my business within the family to protect the venture and keep it as a family business passing it down to my children. I’ve selected this particular exit strategy because I want to keep a constant income coming in to provide for my family for a life time instead of them just having a pile of money sitting there that can run out at any time of their young lives. This influenced my growth because before this class I would have said something like I would sell my business for a larger amount. But now the smart thing would be to keep my business because it would make more money than what I would sell it for.