Gary Pittsford

Why is the number of second generation businesses declining?

Gary Pittsford joins Jim Blasingame to report on the current decline in businesses conveying ownership to the next generation, and why that’s the case.

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Gary Pittsford joins Jim Blasingame to report that only 25% of children take over the family business for many reasons, including financial issues and the inability of the parent/owners/sellers to turn loose of the business to the kids.
Gary Pittsford joins Jim Blasingame to reveal some of the first steps to take as you prepare your business to have new owners after you retire, including assembling an Exit Team of legal, accounting/tax, and financial experts.
Gary Pittsford joins Jim Blasingame to report on the current demographic forces that are and will continue to drive how millions of Baby Boomer business owners will divest of their businesses, whether to family or not.
Gary Pittsford joins Jim Blasingame to report that only 25% of children take over the family business for many reasons, including financial issues and the inability of the parent/owners/sellers to turn loose of the business to the kids.
Gary Pittsford joins Jim Blasingame to reveal some of the first steps to take as you prepare your business to have new owners after you retire, including assembling an Exit Team of legal, accounting/tax, and financial experts.