According to recent data, 79% of business owners have no written transition plan, yet 75% plan to fund their retirement through their business. (BEI Business Owner Survey 2022)*
68% of businesses experience a 40%+ drop in productivity during unplanned leadership transitions - Deloitte Succession Study 2023
Companies with 50%+ recurring revenue command 2-3x higher valuations - JP Morgan M&A Report 2023
Business buyers typically discount valuations by 15-25% when any single customer represents >20% of revenue - Harvard Business Review 2022
Recurring customers spend 67% more than new customers - Business.com
Companies with documented processes sell for 45% higher multiples - Exit Planning Institute 2023
Businesses with strong management teams are 3x more likely to achieve successful transitions - PwC Private Business Survey 2023
74% of owners who sold their business express regrets within one year, primarily due to lack of personal planning - BEI Exit Planning Study 2023
88% of business owners have >70% of their net worth tied to their business - CNBC Private Business Survey 2023
Only 30% of family businesses survive into the second generation, largely due to inadequate succession planning - Family Business Institute 2023
Successful transitions typically require 3-5 years of preparation - Mercer Capital 2023
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