10 steps for a successful exit plan in the horti industry

Added on 20 August 2024

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10 steps for a successful exit plan in the horti industry

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According to the Small Business Administration, 10 million Baby Boomer-owned businesses will change hands or shut down in the next decade due to a lack of buyers.

Even when there is a willing buyer, the Exit Planning Institute estimates that 80% of businesses are unprepared for sale, leaving buyers uncomfortable closing the deal. Worst of all, 75% of business owners who do sell profoundly regret their decision one year later if they have not properly planned for that momentous life event.