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Business Resources - Business Succession

Common Exit Strategies


Exit Strategy Concerns

Exit Strategy Concerns Of Canadian Business Owners
Having enough money for retirement 88%
Ensuring a smooth transition 78%
Identifying a suitable successor 72%
Finding the time to develop a plan 59%
Securing a legacy 43%
Giving up control 43%

Source: Grant Thornton LLP, 2001, National Owner-Manager Survey

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Passing the Business to Family
Selling to Partner or Employees
Selling to a Third Party
Winding Down the Business
Exit Strategy Concerns

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08/23/2010 16:11:07