Tax plan Financial plan

Unprepared heirs

Other

Reasons For Failure

Business Succession Facts

Sell Inherit

5 million businesses

Will go up for

sale in the next

5 years

Older Small Business Owners In Denial?

Only 20% of

businesses for

sale are sold

Will The Price

Meet Your

Financial Needs?

Only 30% of inherited

businesses survive into

the second generation

$885,000

50%

Owner’s Eggs AllIn One Basket?

For more information on small business transition issues regarding business continuity,

inheritance, or sale visit

www.OhioBusinessHelp.com/business-transition/© B2BPlanner Ltd. 2015

42% of owners plan to pass

their business on to their family

Make it to the 3rd generation

Source: Bank of America March 2013

Poor communication

Two-thirds do not have a business succession plan

Over 60% do not know the value of their business

75% of owners have over half of their wealth in their business

Needed by a couple65 years old in retirement