Six-in-ten private company leaders believe the ownership structure will change within the next ten years. The two most likely ways for succession to occur are: sell to another business or third party and transfer/pass business to family member(s) business leaders also shared the two biggest challenges to succession planning are: getting the appropriate value and finding the right successor.
Every venture capitalist, entrepreneur, or business owner, who have started and built a successful business will grapple with the question of how best to transition the future of their company. When the ‘t’s are crossed and the I’s are dotted, MGI can support your interests in rebuilding or reshaping your business culture.