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What Business Owners have stated

Interesting Points

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






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