What Kind of Exit Strategy Do You Have?

nomad

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Even though you start a business with great expectations, and give your 100 percent to make it successful, it might not always become successful. Therefore, you should always have an exit strategy. Exit strategy means what you are going to do in a situation when the business is no longer profitable or you are no longer interested in running the business.

What kind of exit strategy you should have for your business depends on its market performance and available resources.

Do you have an exit strategy?
 
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Starmix

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It's in my business plan the exit strategy in case my business is no longer gaining. My business is only one year old and I'm afraid that there will be another person to operate a milk tea selling business and it's already in my plan to give some time performance of my business and it it's getting slow in profit I have to move to other mall.
 

eldavis

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For me at the moment I am building other side hustles online, in situations where my business does not generate enough profit I can always fall back to my online gigs
 

timewo

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I hope to sell most of the domains to reduce my domain renewal expenses or let the domains expire since domain investors are ruthlessly cheated, exploited. robbed by tech, internet companies, government agencies.
 
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