My
Exit Strategy
As
I have said before the reason why I came up with the idea for Gator Garnish is,
my friend and I went to a culinary club meeting on campus and when we arrived
it was a cold large kitchen with people all in corners talking among themselves.
When it was time to eat no one helped cooked and we were fed serving sizes of
vegan cookies. I want to show people there is more to cooking then that, I want
to show young adults that they can cook food that tastes good. I intend to work with
the business as long as I can I would like to keep the environment very young
adult-friendly so when the time comes I will pass on teaching to a person I see
fit whether that be family, friend, or student. I will make the business decisions
for the business then hopefully pass the business on to my children. The reason why I have chosen this exit strategy
is, it fits my business perfectly. I want Gator Garnish to always feel like a
home away from in order to do that having it stay in the family would help with
that. Also, I personally would like to pass something that I love and is my
dream on to my children, I think Gator Garnish would be something that I would
want to stay in the family. I feel that my number one priority while crafting Gator
Garnish was making sure the student learn, I think keeping the business within
the family would only help with making sure that the business stays in the right
hands and Gator Garnish can continue to do its best to teach the joy of cooking
to young adults.
Hi Aaron! I admire your desire to pass this idea on to your children. Coming from someone who has worked in a family owned business, the atmosphere is something really special to be a part of. I was just curious if you would wait until your children go to college to turn over the company to them or how that would exactly work. Would you work there until you retire and then hand it over to your children? I think you are on the right track, but I would like to hear more about your plans.
ReplyDeleteI think this is a great idea for a family business, something you put a ton of passion into and then gets passed down along your family. Passing it through lineage is a surefire way of knowing it's in good hands of someone who cares about it as much as you do. I think you did a great job on this post.
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