Tired Owner Syndrome
On today’s show we are talking about businesses with no exit plan. I’m not talking about weak businesses. I’m talking about businesses that are vibrant thriving businesses. But they are closing. No, it wasn’t because of the pandemic. It wasn’t because the business was going bankrupt. It’s because the owner wants to retire and they had no succession plan.
On today’s show we are going to take a look at two of these businesses. Both are healthy businesses. But they don’t know how to exit. In the end, they will probably just quietly close their doors if they can’t find a buyer.
Host: Victor Menasce