What is the exit planning ecosystem?

What is the exit planning ecosystem?

Answer: A system formed by the interaction of a collaborative, like minded community of professional advisors with a common goal to grow, preserve, and transition wealth for business owners.

How many business owners "strongly regretted" selling their businesses one year later?

How many business owners "strongly regretted" selling their businesses one year later?

Answer: three out of four

The Advisor of the Future needs to get owners and advisors to made several paradigm shifts for exit planning and value acceleration to work to the benefit of owners and their families. What is the first paradigm shift that needs to be made?

The Advisor of the Future needs to get owners and advisors to made several paradigm shifts for exit planning and value acceleration to work to the benefit of owners and their families. What is the first paradigm shift that needs to be made?

Answer: Exit planning is a good business strategy.

Business owners are leaving dollars on the table because they are not focusing on __________.

Business owners are leaving dollars on the table because they are not focusing on __________.

Answer: Enterprise value

According to EPI's first national State of Owner Readiness Survey, what percentage of business owners have done no exit planning at all?

According to EPI's first national State of Owner Readiness Survey, what percentage of business owners have done no exit planning at all?

Answer: 49%

According to the Family Firm Institute, what percentage of family transitions survive to the second generation?

According to the Family Firm Institute, what percentage of family transitions survive to the second generation?

Answer: 30%

What percentage of privately held businesses that are offered for sale each year ultimately do not sell?

What percentage of privately held businesses that are offered for sale each year ultimately do not sell?

Answer: 80%