"Having a Plan B" Please respond to the following:
- Planning for exit might be the most important thing an entrepreneur can do. Without an exit strategy, the entrepreneur may have no retirement option, or no way to get his or her investment out of the business. Suggest at least three methods for an entrepreneur to exit and analyze the difficulties of implementing them.
- Using a business idea that you might consider for your own business, determine some key risks that would threaten your business plan. Propose a method to mitigate each key risk.