Connecticut’s Aging Ownership Base Is Making Business Succession a Market
As owners approach retirement, buyers, advisors, lenders and next-generation operators may find more opportunities in acquisition than startup.
Business Topic
Leadership & Succession
Leadership, succession, knowledge transfer and ownership-transition issues that can determine whether a strong business remains strong over time.
Relevant Business Insights
Search this topic →Every Business Budget Should Include a Line for Learning
Technology, regulation and customer behavior change quickly enough that training should be treated as an operating investment rather than an employee perk.
Every Business Should Ask What It Needs to Stop Doing
Growth planning usually adds initiatives. Stronger planning also removes low-value products, processes, channels and habits that consume attention without producing enough return.
Family Businesses Have a Succession Problem — and the Next Generation May Not Be Ready
Ownership transition is becoming a strategic issue as founders age and many companies lack a clear next-generation plan.
Maine’s Aging Business-Owner Population Is Turning Succession Into Opportunity
Retiring owners can create acquisition opportunities for entrepreneurs willing to buy functioning businesses rather than start from zero.
Nebraska Rural Business Succession Is an Entrepreneurial Opportunity
Established local companies can disappear when owners retire unless buyers, lenders and communities prepare for transitions.
Succession Planning Should Be a Standing Business Priority
Owners who may exit within the next several years can increase their options by preparing financials, management and customer concentration well before a transition is necessary.
Vermont’s Aging Business Owners Create a Succession Opportunity
Business transfers can preserve local services while giving entrepreneurs a lower-risk path into ownership.