Of all the businesses that are put up for sale, only 20 percent are sold. And, only about a third (30 percent) of all family owned businesses make it to the next (2nd) generation. While a meek 12 percent make it to the third generation.
These percentages are low, for the simple reason of lack of planning and preparation.
Sourced through Scoop.it from: www.hvacrbusiness.com
EGS agrees: Now is the time to move forward to give yourself plenty of time to explore and envision all the potential [exit] possibilities, while setting a course for yourself based on what is important to your business and yourself.