Mark Osborne explains why exit planning matters now. Baby boomers and Gen X owners will transfer businesses in the next 5-10 years. Founders exit once; buyers do it repeatedly. Specialist advisors help founders get it right.
So, you teased up something before around the Certified Exit Planning Advisor and the exit sort of planning space. And just to sort of set the table for our audience, there is a large number of businesses owned by boomers and even Gen X folks that will be changing hands in the next 5 to 10 years, whether it's generational pass-down or selling to private equity or some other recapitalization or sell to investors. As a result, you know, most entrepreneurs that build and grow a business and then exit, sell it, they only go through this once, whereas many buyers go through it many times. And so a whole industry of advisors has sprung up to help these founders have a successful exit because there's so much that happens in that space.
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