Results of Family Owned Business Exit Plan Survey

Rothstein Kass (www.rkco.com), a New York based accounting and advisory services firm, recently introduced “Heading for the Exits: Preparing for the Sale of a Family Business,” a survey report that evaluates the near- and intermediate-term outlook for family-owned enterprises considering the sale of a majority stake.

It contains some very enlightening information…
• Over 92 percent of family business owners pursuing a sale reported that no family member is able to take over.
• Inaccurate or outdated business valuations can make it more difficult to determine if a proposed sale will yield a fair price.
• Nearly 95 percent of business owners reported that getting the best price remains a central concern.

For more information on the report, check out this link to Private Equity Professional Digest:
http://www.pepdigest.com/index.php?option=com_content&view=article&id=3533:rothstein-kass-family-owned-businesses-need-private-equity&catid=34:news-to-know&Itemid=24

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