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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.