Growth, Succession, and Acquisitions – Are You Ready?
We’ve talked about this before – acquiring businesses is the easiest way to grow. Now, more than ever, this is true.
We came across this article by Codie Sanchez that dives into how entrepreneurs are cashing in on small business owners that are selling. It really struck a chord with us, especially the part where she says that 70% of small business owners have no formal succession plans.
Here’s a short excerpt, and I highly recommend reading the full piece:
“If you’re serious about building real wealth and autonomy in 2025, your fastest path might be the family business down the street.
Over the next decade, millions of small businesses — an engine of America’s real economy — will transition to new ownership. But this shift won’t play out on public markets or through high-profile dealmaking. It will happen in quiet, negotiated transactions between retiring owners and the next generation of hard-working entrepreneurs.”
From acquiring other businesses to succession and growth planning, we’re here to help guide you every step of the way. Get in touch now to see how we can help you grow smarter.
