Blog Library

BTA Business Transition Market Pulse: Retiring Baby Boomers and Rising Revenues Fuel Record Small Business Sales

Posted by Jane Johnson on Tue, Jul, 31, 2018 @ 09:56 AM

The Details:

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Topics: baby boomer retirement, baby boomer business owners, baby boomer businesses, bizbuysell, business transition plan

It's 2018 - Time to Get a Plan!

Posted by Jane Johnson on Thu, Jan, 25, 2018 @ 04:50 PM

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Topics: sell my business 2018, business transition plan, baby boomer retirement, increasing business value before selling, Business ownership transition plan, baby boomer business owner, business owner planning retirement

Baby-Boomer Business Owners Are Still Not Planning

Posted by Jane Johnson on Tue, Jun, 20, 2017 @ 02:03 PM

When you consider that the majority of business owners are baby-boomers, it's surprising that only around 40% of them have a business transition plan in place, according to a recent report from RBC Wealth Management Services

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Topics: business transition planning, business transition plan, baby boomer business owners, baby boomer businesses, succession planning, estate planning

Should I Consider an ESOP for My Business? Part 2

Posted by Jane Johnson on Wed, Apr, 05, 2017 @ 06:32 PM

In part 1 of our series on ESOPs (Employee Stock Ownership Plans), we discussed some of the basics of these plans, including some of the major benefits of this type of transaction for a business owner. During our recent webinar with ESOP attorney Tabitha Croscut, we delved further into some of the finer details of what ESOPs are, how they work, and what types of companies are good candidates for ESOPs.

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Topics: ESOP, Employee Stock Ownership Plan, due diligence when selling your business, business transition, business transition plan, business transition planning

The Benefits of Partnering with a Business Transition Advisor

Posted by Jane Johnson on Sun, Oct, 23, 2016 @ 01:04 PM

A business transition is a complex process – whether you’re selling to an outside buyer or transferring your business internally. It takes a lot of careful planning and generally requires a number of years to be executed successfully.

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Topics: business transition, business transition advisor, selling a business, business transition plan

How to Plan a Successful Business Ownership Transition

Posted by Kathy Richardson-Mauro on Thu, May, 12, 2016 @ 03:51 PM


“While 54 percent of business owners plan to leave their business in the next 10 years, 72 percent [of those] have taken no exit planning action,” according to a recent study. For most business owners, their business is by far their largest asset, and not properly planning for its transfer can put them, and their employees and family members, at risk. Being prepared is the key to success. It starts with owner education, allowing enough time to plan, seeking the best advice, and creating a Business Ownership Transition Plan (BOTP). A BOTP is a comprehensive written document that outlines how and when the ownership of a business will be transferred to others, either internally or externally, in order to achieve the owner’s long-term financial and personal goals.

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Topics: Business Ownership Transition Planning, exit planning, selling a business, business ownership transition, selling your business, selling my business, deal structure, business transition plan