How does an exit strategy work?

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MasudIbne756
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Joined: Sat Dec 21, 2024 3:52 am

How does an exit strategy work?

Post by MasudIbne756 »

The second strategy is to have a very strong exit strategy plan.
What do I mean by exit strategy? I mean that, if after a series of interventions, we realize that the affiliate in question is not cut out for this job, we must have an exit strategy for him that does not damage the brand. This is because one of the worst messages to convey to the market is a store that closes, giving an idea of ​​weakness.


In the event that an affiliate is doing badly and does not have the ability to manage and bring the point of sale to success, you must be able to perform two actions:

give the affiliate his money back (out of your own pocket or by chinese malaysia data selling the point to another affiliate).
be able to take over the operations of the store at any time.
For these two reasons, you will need an emergency fund to be able to buy back the store from your affiliate (by making a clear calculation of the current value of the company), and an emergency team to take over the store.

You can become the McDonald's of your industry
You can become the McDonald's of your industry

So to recap, there are 4 tips I can give you to become the McDonald's of your industry.
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