Do you have an Exit Strategy or Succession Plan?

Do you have an Exit Strategy or Succession Plan?

Haven’t Considered it yet?!

Let Me Give You Some Statistics

Baby Boomers Dilemma

There are some 12 million baby boomers who own a business, and 80% of them will want to, need to or will be retiring over the next 5- 10 -15 Years.

Up to 90% of their net worth may be tied up in the business. There are 40% fewer potential buyers for your business. Generation X is 40% smaller than the Boomer generation.

Millennials?

80% of Millennials say the stress of owning a business is too high!

Family?

82% Say they want the money from a Sale, not interested in running it.
89% of Business Owner family members are NOT interested in the business.
21% are not qualified according to the owners.