Question
Joaquin and Giovanna run a small real estate development firm in Laredo, which focuses on buying small properties, building new or repairing existing structures, and
Joaquin and Giovanna run a small real estate development firm in Laredo, which focuses on buying small properties, building new or repairing existing structures, and renting them out. Joaquin has a different full-time job that he intends to keep, while Giovanna devotes all her attention to their real estate business. Explain how different goals for their lives and careers affect their exit strategy. Does the kind of product or service a business provides affect exit strategy (would exit strategy be different for a different business)? If so, explain how, and if not, explain why not.
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