This is an example of what a harvest strategy section in a business plan might look like.
Ms. Brittain and the other found Members view XYZ as a long-term investment. As long as the organization remains profitable, it is their intention to continue operating the business. Once Mr. Brittain has decided to retire from day-to-day operation of the business, the Members will put together a committee to begin searching for her successor. It is anticipated that Ms. Brittain will remain an active Member after a new CEO has been found.
Should the venture fail, XYZ will strive to liquidate as judiciously as possible and do its best to honor its commitments to creditors and other relevant stakeholders. Although the business plans to have only a limited numbers of assets, it is currently planning to take on a limited amount of debt. Thus, most of the debt at the time of closure should be in the form of leased equipment. During the first year of operation, XYZ will closely monitor both historical financial performance and future estimates to ensure that if the business must be closed, it is done at the right time.