MGT 401 Wk 5 Discussion – Future Plan of Action

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MGT 401 Wk 5 Discussion – Future Plan of Action
MGT 401 Wk 5 Discussion – Future Plan of Action
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MGT 401 Wk 5 Discussion – Future Plan of Action

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to classmates or your faculty member.

 

Due Day 3

You are very optimistic about the future of your business venture. However, you know that most businesses don’t do very well or potentially even fail.

Respond to the following in a minimum of 175 words:

  • What steps will you take to mitigate the risk of failure?
  • Will you include an exit strategy in your business plan? Why or Why not?
  • Are there any benefits to planning your exit strategy while developing your business plan? Why or why not?

 

Due Monday

Post 2 replies to classmates or your faculty member. Be constructive and professional.