https://thestrategicowner.com/Only a small fraction of business owners have a written exit plan, yet nearly half believe they're already best-in-class. What's causing this dangerous blind spot - and why aren't your CPA, attorney, and financial advisor talking to each other about it?
[thoughtful] Here's a number that should stop you cold if you own a business: the Exit Planning Institute's 2023 National State of Owner Readiness Report found only a small share of owners have a formal, written plan. And yet 45 percent of surveyed respondents believe themselves best-in-class or better regarding their business's readiness to transition to a potential buyer. That gap is what we're digging into today. [pauses] Ever wonder why smart, successful people avoid the one plan that would protect everything they built? IHP Consulting City: Draper Address: 138 E 12300 S Website: https://thestrategicowner.com/