Connecticut Business Owner Exit Survey

Joining with Marcum and VR Business Sales to survey business owners regarding exit planning.

By Benjamin P. Michaelson

Generally speaking, many successful business owners are great at creating their business plan. That may or may not culminate in a detailed written business plan, but almost always includes significant foresight and planning. That is the very basis of the success that they have had. The question today, however, is, how well do they plan their exit from that same business?

If you are failing to plan, you are planning to fail.

– Benjamin Franklin

The answer to that question is something that we are trying to determine in order to help you be more successful in your exit, and to help us better meet the needs of our clients in their exit process, whether that is by sale to a third party (such as a merger or acquisition), a transition to employees (either by sale or employee stock ownership plan), or by a transition to family members (either by sale or estate planning vehicle, or any mix thereof).

Towards those ends, Zangari Cohn Cuthbertson has joined forces with Marcum Accountants and Advisors and VR Business Sales to create a quarterly survey of Connecticut business owners in an effort to better understand the attitudes among Connecticut business owners regarding exit planning. The results of the survey will be analyzed and shared with survey participants along with information from the different disciplines (legal, accounting, and business sales) to help bridge the gaps identified through the survey results.

If you are a Connecticut business owner, please take a minute or two to complete this short, anonymous survey.