When using a harvest plan, small companies are organized to grow rapidly and they have no debt.

Question

Quizplus · Accepted Answer

A harvest plan is a strategy for exiting or selling a business. It typically involves focusing on short-term profits and maximizing the value of the business for potential buyers. This may involve taking on additional debt to fuel growth, so small companies using a harvest plan may not necessarily have no debt.

When Using a Harvest Plan, Small Companies Are Organized to Grow