Question

In: Economics

At what point is important to address the Potential Exit Strategy for the Community Center business...

At what point is important to address the Potential Exit Strategy for the Community Center business plan that promotes wellness with intended services for this center would include weight reduction in the form of physical activity and eating healthy, tobacco cessation, and stress management.

And a potential exit strategy is important in a business plan.

Solutions

Expert Solution

Answer:

An exit strategy gives a business owner a way to reduce or liquidate his stake in a business and, if the business is successful, make a substantial profit. If the business is not successful, an exit strategy (or "exit plan") enables the entrepreneur to limit losses

PotentiL Exit strategy is really very important to decide about in the business plan . in community center business plan that Promotes wellness with intended servuces for the center it includes stress management , physical activity , eating healthy , tobacco cessation . This strategy should be used when there is lossin the business and when the business is not able to cater to the health management , Stress management , tobacco cessation in the society then at that time it should be adopted as early as possible to minimize loss if continued for long term .

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