the facts...
80 to 90% of business owner wealth is tied to their business
48% of Boomer Business Owners plan to transition in the next 5 years
the tough truth...
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99% of business owners agreed with this statement: "Having a transition strategy is important both for my future and for the future of my business."
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About 50% have no plan at all
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About 80% of business owners have no formal transition plan
The reality...
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Baby Boomers own 65% of the private businesses in the U.S.
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About 4,500,000 businesses will transition
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Only 30% of family-owned businesses survive into the second generation
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80% of businesses below $50 million put on the market do not sell (Tom West)
the questions...
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What is my Business Worth?
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What different options do I have?
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How can I start this process
All data above is from Exit Planning Institute unless otherwise stated.
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Take the Readiness Assessment >
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Exit/Transition Plan Development
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Exit/Transition Plan Implementation
The process
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