SMB Owners Prepare for Business Exits

Millions of small and medium-sized business owners are approaching retirement, creating a significant ownership transition across the United States. This demographic shift necessitates a strategic approach to business sales, akin to larger corporate exits. SMBs need to adopt sophisticated planning and preparation methods to navigate this evolving landscape effectively. The trend suggests a growing need for specialized advisory services and exit strategies tailored to the unique challenges and opportunities faced by Main Street businesses preparing for sale.