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NOW’S THE TIME TO PLAN YOUR BUSINESS EXIT STRATEGY
Did you know that only 33% of businesses are ever successfully sold, and only 30% of all family businesses survive the transition from one generation to the next?
Considering that typically the business itself represents 50-90% of a typical business owner's net worth, those statistics are staggering.
Turning the [...]
Did you know that only 33% of businesses are ever successfully sold, and only 30% of all family businesses survive the transition from one generation to the next?
Considering that typically the bus [...]
Would Your Business Survive if Something Happened to You?
Recent studies show that close to 60% of small business owners do not have a succession plan in place. And, of those businesses that do have a plan, less than 50% have discussed their plan with a lawyer or financial advisor.
Although succession planning is common for large corporations, for small companies it can [...]
Recent studies show that close to 60% of small business owners do not have a succession plan in place. And, of those businesses that do have a plan, less than 50% have discussed their plan with a la [...]
