The provided clip , “25SOOR-Generational-FINAL 1.pdf,” is the Exit Planning Institute’s (EPI) 2025 State of Owner Readiness (SOOR) Generational Report. This report analyzes business owners’ preparedness for their eventual exit, comparing generational differences in exit planning approaches. It updates data from the 2023 National SOOR Report, focusing on how Baby Boomers, Generation X, and Millennials perceive and engage with exit strategies. The document emphasizes the importance of a balanced approach to personal, financial, and business readiness, suggesting that younger generations are more proactive in exit planning due to different values and a “boomerang exit” mindset. Ultimately, the report highlights a significant opportunity for wealth transfer in the coming years and provides recommendations for both business owners and advisors to improve readiness across all generations.
Michael Shea represents the Tampa Florida Transworld office. In business since 2005, he has established a reputation as a trusted business broker across Florida’s key markets- from Tampa to Orlando, Melbourne, and more. Over the past two decades, Michael and his team have closed over $1 Billion in sold business volume and presided over more than 450 transactions. His credentials include the IBBA Certified Business Intermediary®, and most recently, the prestigious Certified Exit Planning Advisor® (CEPA) credential.