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Funding request exit strategy business plan

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Transferring your business to a new owner, or even closing it outright, can be a lengthy process. This can take even longer if you are passing the business on to an employee or family member who needs to be groomed and trained to run the business before you leave. Womply is a local commerce platform that connects businesses and consumers through apps, APIs, and financial services powered by proprietary data. Our mission is to help local businesses thrive in a digital world.
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Exit Strategy

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How to Create a Business Exit Plan | Fora Financial Blog

The final part of our business plan is the exit strategy or exit plan section, this is simply a statement explaining how the investors will eventually realize their return on investment. Investors will always look to see what their exit strategy is before investing, some are prepared to wait a long time for their return, others have time restrictions placed on them by their own lenders. All businesses have a life cycle, they start, grow, and mature, at which point a decision needs to be made about the direction the business will take. The exit strategy is an important part of the business plan, and to avoid costly mistakes and limited options in the future, the plan should be geared towards the exit-strategy from the beginning. There are numerous forms of business plan exit strategies including:.
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Business Plan. Failing to Plan is Planning to Fail. Risk-taking is synonymous with entrepreneurship. Your career, finance and even mental health is at stake.
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As our Sales Forecast made clear, profits will initially be seasonal. We expect to sustain small losses in the winter months for the first year, until our local clientele is fully established. Summer sales increases are based on the much larger number of potential customers in Moab then, and the trend for visitors to spend more per purchase than the locals. The owners are receiving no dividends, and have some margin to reduce their own salaries from what is projected to cushion any unexpected short-term shortfalls.
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