February 15, 2017
The Hartford Business Journal reported on a business owner survey co-sponsored by Marcum, that showed a majority of Connecticut entrepreneurs do not have a business exit strategy.
By Patricia Daddona
The survey concludes owners are optimistic about selling and exiting their businesses, but ill-prepared to do so. Proper planning is needed to optimize sale price and ensure transaction value meets exit needs for life after sale, the firms conducting the report said.