select the correct text in the passage. which phrase or part of the passage talks about the exit strategy in…

select the correct text in the passage. which phrase or part of the passage talks about the exit strategy in ronalds business plan? ronald plans to start a small service business. he is preparing a business plan to attract investors. in the plan, he has discussed his businesss core services and features. he has provided a list of his employees, and their respective qualifications. further, he has stated how he plans to promote his service using the funds that the investors provide the business. he has also briefly stated the plan of selling the businesss assets in case of failure so that the investors can get their money back.

select the correct text in the passage. which phrase or part of the passage talks about the exit strategy in ronalds business plan? ronald plans to start a small service business. he is preparing a business plan to attract investors. in the plan, he has discussed his businesss core services and features. he has provided a list of his employees, and their respective qualifications. further, he has stated how he plans to promote his service using the funds that the investors provide the business. he has also briefly stated the plan of selling the businesss assets in case of failure so that the investors can get their money back.

Answer

Brief Explanations:

An exit strategy in a business plan is about how investors can get their money back in case of failure. The statement about selling business assets for this purpose is the exit - strategy part.

Answer:

He has also briefly stated the plan of selling the business's assets in case of failure so that the investors can get their money back.