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Financial Fitness Youth Center

PRELIMINARY EXIT STRATEGY FOR FINANCIAL FITNESS YOUTH CENTER

In the unlikely event, should the industry not be favorable to the financial fitness youth center, the most lucrative exit strategy for my business would be to merge with an existing and well established financial training institution considering my passion of the business. This has many benefits and will ensure that I remain in control of my business while still enjoying the capital brought in by the training institutions and the incoming profits from doing business with an established and well known firm (Robbins, 2015).

For a successful merger the financial training institution would have to invest a substantial amount of money in my company. The merger will ensure that I will not default on loan repayments and dividends payments, while at the same time keeping my assets intact and producing even better services for my clients. Basically my clients will not feel the negative effects that might have preceded the merger.

The only disadvantage of this is that I will lose the sole control of the business and have to consult with my partners before making any decisions.

References Robbins, S. (2015, December 08). Exit Strategies for Your Business. Retrieved from entrepreneur: https://www.entrepreneur.com/article/78512