Peter will be speaking at the next Chicago Exit Planning Institute's Certification Program. He will be talking to over 75 people at the Howell and Hood restaurant on Michigan Avenue at 5 pm on November 7th, 2017. Call 435-817-7888 for further details and reservations.. . .
Over 48 percent of the owners of privately-held businesses say they expect to have a change in ownership within the next 5 years. 75% plan to transition over the next 10 years*. Eighty present of businesses never exit when they try to sell, and of those that do, 75% of the owners profoundly regret the sale a year after the event. These are sad, sobering facts. It doesn’t need to be that way. Here are some of the reasons business owners either don’t exit their business, or exit in a way that leaves the owner (or his/her family, co-workers, suppl. . .