Business Succession Planning
Financial Architects' business succession arm, the Q5 Experience™, was developed to help business owners address business transition readiness and maximize value building in their organizations. According to the Business Exit Institute 2022 owner readiness survey, owners are generally not prepared for transition.
53% of business owners want to sell or transfer their ownership within the next 10 years.
80% of business owners want to stop working in their businesses in the next 10 years.
Only 20% of owners have created written plans to transfer ownership.
100% of business owners will one day leave their company, whether planned or otherwise.
Whether they are planning to transition their business in five years, ten years, or more, the time for them to plan is now! Q5 empowers owners to proactively transition their companies on their own terms, helping them increase their freedom into the fifth quarter of their lives. It involves an innovative process that leverages the financial component of Financial Architects, the behavioral component of Empowering Futures, and the expertise of professionals and areas of transition, ownership, operations, valuation, and M&A. More at www.q5experience.com
The Q5 Experience - Financial Strategy
Chris Cousins, President at Financial Architects Inc, discusses how the Q5 Experience works with business owners on their financial decisions as they build transferable value.