please answer the questions below.

1. Based on what you know about your Dogtopia Pet Daycare business, what is the typical exit strategy for businesses in your field? Ex. Are they sold? Are they acquired by a larger firm? Are they passed on to the next generation in the family? Do they just cease to exist? (3 points) 2. What is your preferred exit strategy for your business? Example Options: . Sell the business to an employee, customer, or other buyer. Pass the business on to a family member. Merge with another business. Take the business public through an IPO (Initial Public Offering). Cease to exist and sell off the assets. Note: Watch the video in this module for additional exit strategy ideas. Why do you feel this strategy is the most appropriate for your business? (3 points) 1. For how many years do you plan to own this Dogtopia Pet Daycare business? (3 points) 2. How much involvement, if airy do want to have with the Dogtopia Pet Daycare business after you exit? How long do you want your transition out of the business to take? (3 points) 3. llow much money do you wantto receive when exiting the Dogtopia Pet Daycare business? (3 points] 4. Hased on your response to 46. draw from your sales forecast and identify how will you grow your business to help maximize the amount you receive when exiting the business. For example, are there additional products on services you can offer? Would you open a second location? (3 points)