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For many SME baby boomer business owners last year, the economy forced them to focus more on productivity and how to do things smarter,particularly in the context of future business exit planning and long‑term value maximisation.

Some made strong gains; however, these were generally the larger SME‑sized businesses and above. Smaller businesses with long‑term owners often struggled to pivot to using technology or AI as an enabler to be more productive, a challenge that directly impacts business sale readiness, succession planning, and eventual exit valuation.

This year has been marked by fluctuations in the business exit landscape. The first quarter saw lots of activity .The middle two quarters saw business owners contemplating transitioning out, more likely to hold off as they endured a tougher sales environment putting the squeeze on their businesses.

No, but with the right business succession strategy, you can find one who helps you grow and exit your business on your terms.
If you're a business owner thinking about your exit strategy, it's time to look beyond the traditional exit strategies. There's a smarter, more strategic path: finding a Business Partner who is also your Exit Partner.

One that thinks like a Partner not an Employee ?

Bringing serious leadership into your business is a game-changer—but finding the right leader? That’s a whole different story.
If you're preparing for growth, planning your business exit, or even just laying the groundwork for a strong exit strategy, a standard salary package may not be enough to attract the calibre of CEO you need.

John, a successful entrepreneur in his early 60s, owned a thriving business with a substantial workforce. Having devoted many years to his venture, he had started exploring ways to step back and focus on other personal projects. He was ready to begin his transition and ease out of his business.

As the year comes to a close, many business owners are reflecting on what has been a challenging period. Between economic uncertainties and interest rates only recently declining, it’s no surprise that some might consider pausing plans for succession until early next year. However, delaying your exit strategy could mean missing out on a prime opportunity to engage with motivated PEOPLE during this pivotal season.

With increased business confidence and a lowering of the OCR, Platform 1 is already starting to see  an immediate acceleration of business owners looking to revisit the exit strategy that many had "parked up" over the last few years. We expect that to build further over the next 6-12 months.

Accelerate your succession by finding a Business Partner who is also your Exit Partner. Most business owners know about the current common ways to exit a business however less know that Exit Partners can be a more compelling way to exit your business and grow your wealth.

If you are a baby boomer business owner, it’s likely business succession planning has crossed your mind. It’s also possible you have done nothing further about it.

You may be tempted to wait because you feel your current trading is behind last year. But you did that during the pandemic that started in 2020, and we are now 4 years on. Waiting further is just speculating and anything is possible.