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Lack of succession plan putting mid-market businesses at risk
Australian mid-market business owners tend towards handing the reins of a business to someone they know, rather than pursue a sale, but many are risking a turbulent or failed transfer through the absence of a detailed plan. The latest Pitcher Partners Radar Report revealed that 20% of business leaders lack a succession plan or are […]
Mid-market businesses not ready for ‘silver tsunami’
A reluctance to plan for succession is putting the future of many middle market businesses at risk, as Australia prepares for the mass retirement or exit of as many as one million business leaders. The latest Pitcher Partners Business Radar Report found one in five business leaders either didn’t have a succession plan in place […]