William Buck’s Exit Smart Survey is an independent report surveying Australian small-to-medium business owners and c-suite executives, to measure their business’s level of exit readiness.

With approximately 300 participants in the latest survey, the report focuses on the issues faced by the mid-market when preparing their exit.

About the respondents

Respondents were placed into generational categories based on the following definitions:

  • Builders: born pre-1945
  • Baby Boomers: born from 1946 to 1964
  • Generation X: born from 1965 to 1979
  • Generation Y: born from 1980 to 1997

The survey revealed that 53% of respondents were at least 54 years old, most of who were born in the 1946-64 Baby Boomers generation.

According to the William Buck Exit Smart Survey, 77% of baby boomer and builder generations respondents are preparing to exit their current business in the next decade, with more than half exiting in the next five years. This mass exodus means there’s increased competition at sale and and it could be harder for owners to sell.

Resources

Please find below various strategies when considering exiting your business.

We compiled a checklist of the issues to consider when planning your exit strategy.

Exit ready checklist

We have compiled a risk management checklist that includes recommendations on key risk areas

Risk Management Checklist

Read our how to guide to ensure you can plan for a successful exit

Read our how to guide to ensure you get the best value for your business

Take part in our survey to get a personalised score on your business and find out what this means for you

WANT TO FIND OUT MORE?

To find out the types of exit strategies business owners are considering as they prepare to exit their business;

Download the latest William Buck Exit Smart Report