What Business Owners have stated

74% are not familiar with all exit options

78% have no formal transition team

83% have no written transition plan 

49% have done no planning at all, have no formal life after plan have, no plans in place to cover illness, death or forced exit

50% feel ownership transition plans require the company to remain profitable for plans to be properly executed, yet 86% have not taken on a strategic review or a value enhancement project

56% felt they had a good idea of what their business is worth yet only 18% have had a formal valuation in the last two years