Boomer business

• 96% – Percentage of boomer business owners who think succession planning is important, however, 87 percent do not have a written plan.
• 7.7 – Average number of years left before exit.
• 53% – Percentage of boomer business owners who intend to sell their business in the next 10 years.
• 55% – Percentage of boomers who will sell their business to a third party; 20 percent will sell to employees.

Source: White Horse Advisors