BEI 2016 Business Owner Survey
WHAT WE LEARNED
In the two years since BEI’s last business-owner survey, we have noted significant changes in how owners have approached their business exits. Generally, business owners’ responses identified three themes:
- Most business owners want to exit their businesses within the next 10 years.
- Most business owners believe that their exits will occur because of planning and action items they implement.
- Most business owners have not created a concrete, written plan for their exits.
79% OF BUSINESS OWNERS PLAN TO EXIT THEIR BUSINESSES IN THE NEXT 10 YEARS.
75% WOULD EXIT TODAY IF THEIR FINANCIAL SECURITY WERE ASSURED.
100% OF BUSINESS OWNERS WILL LEAVE THEIR BUSINESS.... WHETHER PLANNED OR OTHERWISE