The LEARNING library

Every 57 Seconds

Fewer than half of the population has a written will, and even fewer business owners have a formal succession plan. Recently interviewed by The Ticker, Curtis Kuttnauer of Golden Circle Advisors said, “In the United States, there are over 70 million Baby Boomers, with 11,000 turning 65 years old every day. Of these … it is estimated there is one business owner turning 65 years old every 57 seconds. There are 12 million businesses that are expected to be sold in the next 10 to 15 years, representing $15 trillion worth of assets.”
Let that sink in.
Today, Shea will be interviewing two business owners – Dennis Prout himself and Casey Petz. Both are advisors for different reasons and both have worked with clients who are transitioning their businesses. They want you to consider creating a succession plan that will preserve your legacy and the families that depend on you.