My Exit Strategy

It is interesting to be thinking about an exit strategy for a company that is really in the beginning stages on even being started, but it is clear that knowing a potential exit strategy largely effects the way that you make decisions for your business. For my company, I think it is something that I can have control of for a very long time. As far as I know, student loans are going to be an issue for a very very long time. I also believe that my business idea has the potential to grow larger and can even branch in to other financial advising services as it relates to college students or young professionals. I believe this is an industry that will show no signs of coming to an end, and may even get larger. So for my exit strategy, I plan on being in this business for the long haul, with the intentions to grow and expand my services, impacting more than just University of Florida students. It will take a lot of time, hard work, and effort, but I see this as something that not only can I do for a long time, but something I would want to do for a long time. I also think this is the best exit strategy for me because it is a business that does not require a lot of start up funds, and will not have a high operating cost as it grows. Of course, if the company is expanding that means revenue is as well, which gives me more room for other costs, like hiring employees and spending money on other industry essentials. I think this exit strategy has influenced my concept development up to this point, because from the very beginning I felt this is something that can have a long burning flame, rather than a venture that is short and sweet. I also believe it may take a while to see very high returns, but like I mentioned, the investments aren't breaking the bank, so it may be worth it to ride it out and see where it can go.