With baby boomers looking to retire in record numbers, the number of business that will transition over the next decade will be high. As appraisers, we are in a position to assist these business owners in meeting their business transition needs through planning, providing different transition options, valuation analysis, and cash flow implications.
- Understand market conditions that will drive demand for transition planning
- Assess timing for an optimal transition plan
- Define the key steps in a transition plan
- Define Options for business owners that are looking to transition
- Understand how business appraisers can work with other business advisors to assist with transition planning
- Understand how to work with business owners to define the best option for the client