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Barbara Weltman

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Owners’ Exit Plans

May 11, 2016 / By Barbara Weltman

According to research by the Securian Financial Group, more than half of small business owners plan to leave their businesses within the next 10 years, but 72% have no exit plans in place. When asked who they planned to turn the business over to, half wanted to sell to a partner, key employee, or third party; 37% wanted it to go to family members. What’s your exit strategy?

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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