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Unit Purpose and Aims
The purpose of this unit is;
This unit will make students aware of how to develop exit strategies for their creative business and also explore why they are so important.
Learning Outcomes
The learner will;
1. Learn about taking money from a business
Learners can;
1.1. Describe the key features of a strategy that allows you to take most of your money in dividends, bonuses and pay
2. Understand what an Initial Public Offering is.
2.1Â Describe what an IPO is
2.2 Identify pros and cons for this strategy for creative businesses.
3. Understand acquisition
3.1 Describe what acquisition is
3.2. Identify pros and cons for this strategy for creative businesses.
4. Understand which strategy is best for a given creative business.
4.1 Analyse a given business within the creative business sector.
4.2 Evaluate which of the outlined strategies is best for the given business.
4.3 Describe what the outcomes of the chosen strategy would be.
Learning Tools, Resources & Links
Things that will help the learner develop understanding of this unit;
Mentors – please add your ideas, examples, case studies, links to articles, videos, etc. here.
In entrepreneurship and strategic management an exit strategy, exit plan, or strategic withdrawal, is a way to transition one’s ownership of a company or the operation of some part of the company. Entrepreneurs and investors devise ways of recouping the capital they have invested in a company. The most common strategy is simply to sell their equity position to someone else.
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