17

Revival, Exit and End to a Venture

LEARNING OBJECTIVES
  • To understand the reasons for failure of businesses and the precautions that need to be taken.

  • To learn about the categories into which businesses can be broadly classified.

  • To learn about the major criteria to identify a sick unit and the classification of sick/weak companies.

  • To define micro, small and medium enterprises and large companies and their relevance.

  • To understand what is meant by bankruptcy and liquidation.

  • To learn about the ways in which a company can be wound up.

  • To learn about the process of reviving a sick company.

  • To learn about exit strategies for an entrepreneur.

Henry Ford, Founder, Ford Motor Company, Pioneer in Automobile Manufacturing

A market is never ...

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