In the 1980’s, the Family Firm Institute did a study showing that about 30% of all family-owned businesses survived into the second generation; about 12% made it to the third generation; and only 3% survived through the fourth generation and beyond.
exit
How Long Does It Take to Sell a Business? The numbers tell the story!
How Long Does It Take to Sell a Business Homebuyers are familiar with the mantra—location, location, location. Well for a business owner looking to sell their business, there’s an equally important phrase to remember—timing, timing, timing. But if you are looking into selling your business, what does that mean for you? And exactly how long […]
December is not just for Holiday: Exit Planning
From Thanksgiving through the New Years Celebration business owners are incredibly busy. For some there is a spike of in store traffic or depending on your business stagnancy to the point of insanity. But for you boomers out there or those owners thinking of exiting in the next several years December is the best time […]