The role of the Business Environment in Harvesting Strategies

Abstract

Harvesting is made up of many different strategies that can be used by entrepreneurs to exit their business. This is a long-term ambition to create real value to the business. In Beaufort West, a uranium mining development is going to take place and thus create opportunities for existing and new businesses. This study investigates how the changing business environment will influence this harvesting choice made by the entrepreneur. Recommendations indicate that entrepreneurs need more information and training regarding the specific harvesting concept and strategies that are available, because no specific harvesting strategy was noted as important by the entrepreneurial respondents.

Keywords and phrases: business environment; harvesting; exit; business; entrepreneur; uranium