Asked by Shams Fawzi on Jun 11, 2024
Verified
Briefly discuss the harvest issue of exit mechanism and strategy in evaluating venture opportunities.
Harvest Issue
A problem or challenge encountered during the collection or gathering of agricultural crops.
Exit Mechanism
A strategy or method through which investors or business owners intend to exit their investment or business, often for the purpose of realizing profit or minimizing losses.
- Acquire knowledge about the concept of window of opportunity in the field of entrepreneurship.
Verified Answer
NS
Nancy SachdevJun 15, 2024
Final Answer :
Businesses that are eventually sold-privately or to the public-or acquired usually are started and grown with a harvest objective in mind.Attractive companies that realize capital gains from the sale of their businesses have or envision a harvest or exit mechanism.Planning is critical because,as is often said,it is much harder to get out of a business than to get into it.Giving some serious thought to the options and likelihood that the company can eventually be harvested is an important aspect of the entrepreneurial process.
Learning Objectives
- Acquire knowledge about the concept of window of opportunity in the field of entrepreneurship.