Exit Planning Institute in Cleveland, OH
Study Builds Upon A Decade of Regional Analysis all through america
— Scott Snider, President of the Exit Planning Institute
CLEVELAND, OH, UNITED STATES, October 10, 2023 /EINPresswire.com/ — The Exit Planning Institute® (EPI) right this moment introduced the launch of its first National State of Owner Readiness™ Survey since 2013. The survey measures proprietor readiness to transition their personal companies with a worth between $1M and $20M to new possession. This nationwide examine comes after 10 years of analysis in areas akin to Los Angeles, Colorado, Minnesota, and 10 different markets with massive percentages of entrepreneurial-driven companies.
“Failure to offer for the continuity of a enterprise impacts not solely an proprietor’s private wealth, but in addition the way forward for all different stakeholders who depend upon its profitable transition,” says Scott Snider, President of the Exit Planning Institute. “This examine will even study the function the COVID-19 pandemic has performed within the preparation for and determination to transition. It’s additionally coming at a time when many child boomers and Gen Xers are contemplating find out how to maximize the worth of their companies previous to exit.”
The National State of Owner Readiness Survey will assess:
• Particular developments of each profitable and unsuccessful enterprise transitions
• Elements that influence the valuation of corporations previous to and following transition to new possession
• Insights that present homeowners can use to boost their exit technique.
• Impression of COVID-19 on proprietor readiness
• Variations in nationwide proprietor readiness over the past 10 years
Findings from the survey will inform session supplied by the greater than 5,000 Licensed Exit Planning Advisors (CEPA) nationwide who assist enterprise homeowners construct extra useful corporations for essentially the most vital exit.
Enterprise homeowners are inspired to take part on this proprietary examine. No private contact data is collected, and all particular person responses are nameless and confidential. The survey takes lower than quarter-hour to finish. Go to www.OwnerReadinessResearch.com to take part within the 2023 National State of Owner Readiness™ Survey. The survey closes on Nov. 8, 2023.
The survey will culminate in a National State of Owner Readiness Report, which will likely be unveiled at EPI’s State of Institute Handle in February 2024. Findings will examine nationwide outcomes to the regional surveys EPI has carried out over the past decade in addition to the preliminary National State of Owner Readiness Report in 2013. Most significantly, the report will determine actionable initiatives that may influence proprietor readiness for exit and enhance the likelihood of a profitable transition, no matter when that point comes or the circumstances beneath which it’s triggered.
“All enterprise homeowners will ultimately exit their enterprise. The standard of that exit is in direct proportion to the standard of preparations made,” Brent Engelbrekt, CBI, M&AMI, CM&AP, CEPA, Senior M&A Advisor, True North Mergers & Acquisitions, and a member of the EPI Minnesota chapter.
The Exit Planning Institute® was based in 2005, and the Licensed Exit Planning Advisor® (CEPA) credentialing program was launched in 2007. The CEPA® credential pertains to the technical expertise of advisors who work with enterprise homeowners. EPI is dedicated to offering one of the best exit planning content material within the business, ongoing follow help for advisors, and connectivity to enterprise homeowners. CEPA is the fastest-growing and most generally accepted exit planning credential on this planet.
Exit Planning Institute