Exam 18: The Harvest and Beyond

Ignoring outside advice is one of the guidelines in shaping a harvest strategy.

A _____ is one in which a founder can realize a gain from a business by selling it to existing partners or to other key managers in the business.

Managing a business that is oriented to harvest is less stressful than managing a business that is not.

What are some of the disadvantages of being a public company?

What are the advantages of being a public company?

A harvest strategy is more sensible if it allows for a time frame of 3 to 10 years.

Having a harvest goal and crafting a strategy to achieve it are what separate successful entrepreneurs from the rest of the pack.

Which of the following harvest options is most likely to produce the most cash for a founder at the time of sale?

_____ are harvest vehicles through which founders can realize some liquidity from their stock by sales to the plan and other employees.

When entrepreneurs sell their venture in a stock-for-stock exchange,the agreement typically includes protections against a sudden drop in the share price of the acquiring company.

Harvesting at the right time,willingly,involves hitting one of the many _____ that entrepreneurs face.

Identify four avenues by which a company can realize a harvest from the value it has created.

In a _____,founders can attract capital,often in substantial amounts,from a large company interested in their technologies.

Discuss why it is important to have a harvest goal in place from the beginning of a venture.

Which harvest option can force a leadership team to focus on short-term profits and performance results?

A public offering increases public awareness of the company and contributes to the marketability of the products.

What are the three anchors of entrepreneurial process that loom above the rest?

"If impatience is the enemy of an attractive harvest,then greed is its executioner." What is being implied by this statement?

In a management buyout,which of the following is a problem that the managers buying out the owners and running the company typically face?

A _____ is to the entrepreneur what a cash cow is to a large corporation.