01.06.26

Business Owners Want To Sell but Not Retire

by: Alex Padalka

A new Raymond James survey finds that while most U.S. business owners plan to sell or transition their businesses within the next decade, few intend to retire. About 88% expect to transition some or all of their ownership within 10 years, yet only 20% plan to stop working. Instead, a third expect to remain involved in their current business and 30% plan to invest in or acquire another company. Business wealth is significant, with most owners holding a large share of net worth in their companies. Most have transition plans and expect to seek additional capital for growth, which financial advisors could prove helpful with.

Read the full article on Financial Advisor IQ