When asked about succession or exit planning, have you given one of these responses? “I think I will leave my business in three to five years.” “The operation still needs me.” “The business is not ready to be transitioned.” “We are too busy to worry about succession.” “I will easily sell it in a few […]
When movies are made correctly and have appeal, there is no denying the impact. They win awards, inspire the audience, and fill the pockets of the movie studios. However, these blockbusters can also be the platforms for some of the biggest flops on record. After a successful movie the audience wonders what will come next, […]
The numbers are staggering. 10,000 Baby Boomers hit retirement age every day and 60% of all business owners are over age 55. According to recent surveys by the Exit Planning Institute, PNC Bank and Kent State, 80% of business owners have no transition plan, or have not documented or communicated a succession plan. Furthermore, 80% […]
