FL14 Plan an exit strategy for your freelance work in creative and cultural industries

Overview:

This unit is about planning a strategy to exit your work whether through personal choice, financial gain or for other reasons. It is important to complete the exit process with minimum disruption to suppliers’ customers, clients, other stakeholders. Incorporating an exit policy into your business plans demonstrates a strategic vision and awareness of long term planning necessities. This unit is derived from Small Firms Enterprising Development Initiative’s Standards in Business Enterprise Unit BD8 Plan the exit strategy from your business.
As a freelancer you will be proactive in the development of your creative skills, for example, as a designer or sector specific practices, for example as an art educator. You will need to develop business, marketing and administration skills to support your work in creative and cultural industries in cultural heritage, design, visual, literary and performing arts, advertising, craft or music sectors.

Keywords: planning, strategy, accounts, sales

Derived Record

This standard has been derived from the record: BD8 - Plan your exit strategy

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