The 2023 National State of Owner Readiness Report highlights a generational divide in business exit planning. Younger business owners—specifically Millennials and Generation X—are significantly more proactive in preparing for their eventual exit compared to Baby Boomers. This shift reflects a broader cultural and financial reality. Baby Boomers often built businesses from scratch, focusing primarily on […]
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Preparing Your Retail Business for a Lucrative Exit: Bottom-Line Boosting Strategies
This suggests that retail owners preparing for an exit should prioritize bottom-line improvements—not just top-line growth. Buyers are increasingly sophisticated and look for businesses that show sustainable profit, not just revenue.
Exit Planning in Tampa Bay & Clearwater: Why Business Owners Need to Think Value, Not Just Income
If you run your business to simply provide yourself a paycheck, you’re what we call a lifestyle business owner. There’s nothing wrong with that, but here’s the reality: lifestyle businesses rarely command strong multiples when it’s time to sell.
The Great Readiness Gap
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 […]
Know What You Want Before You Sell
Selling your business isn’t just a financial decision — it’s a personal one. Before you list, before you price, before you entertain offers, you need to get clear on one thing: What do you actually want out of the sale? The answer shapes everything — from your asking price to how the deal is structured […]