Our Business Owners Outlook is a quarterly survey that explores business owners’ concerns and outlooks on themes that are most important to them. In this issue, “Is Now the Time to Sell?” survey respondents shared their attitudes toward transitioning their business in light of their perceptions of macroeconomic and political conditions.
Wilmington Trust’s Chief Wealth Strategist, Alvina Lo, shares her insights on this podcast hosted by Trusted Counsel: In Process: Conversations about Business in the 21st Century. In this segment, Is Your Business Ready to Sell, Alvina discusses what business owners and their chief executives should be thinking about in order to get their businesses to a point where they’re ready to be sold.
Busting the four myths of business succession planning.Planning for business transition doesn’t mean giving up control of your company.Succession planning isn’t a distraction, it’s another component of protecting and strengthening the legacy you’ve built.As a business owner, you owe it to yourself, your family, employees, and customers to plan ahead.If you are a business owner who has put off creating a transition plan for your business, you are not alone.