Have your say: business succession and exit planning

| May 12, 2022

The biggest wealth transfer in history is well underway, with baby Boomers exiting businesses every day – but we are only halfway thru the wave – there is a lot more to come.

Good advisers are finding they need to provide more than just transactional advice and services as Business Succession and Exit Planning is a long-term process. Owners need help to understand what their business is worth, what their exit options are, how to prepare for sale or exit and what they need to do to make sure the business, the owners and the finances are ready to go when the time is right .

In order to better understand the key issues, drivers and focus areas for both owners and advisers, Succession Plus have put together an international succession & exit survey to find out about attitudes towards exit, the level of preparedness of business owners and better understand the key drivers of exit.

This is particularly relevant for mid-market businesses who often have multiple shareholders, more complexity and larger amounts of capital (financial, human and social)  involved. The successions plans are far more involved and therefore often take longer, preparation is critical and funding the transition plan is often a key issue.

Go to survey

Results will be published by First 5000 when the survey is completed July 2022.