2023 Minnesota State of Owner Readiness
Are you "Ready" to transition your business?
The Exit Planning Institute, along with various sponsors, have combined their resources in an effort to assess and understand the "State of Readiness" to transition privately-held small and middle market businesses. There are 10,000 baby boomers turning 65 every day and this generation owns 51% of privately held businesses in the United States. In recent surveys, 3 out of 4 business owners "profoundly regretted" their decision to sell within one year of exiting due to lack of "readiness".
We appreciate you taking the time to share your thoughts on your "state of readiness" and look forward to sharing the results with you. Individual responses will be held strictly confidential. No personal information is requested in the survey. This survey should be completed by the owner or owners of the business. THANK YOU!