Lack of help and workplace burnout is affecting thousands of businesses nationwide.

We continue to hear it from business owners, and it doesn’t vary per industry. So, what are owners doing to counteract this trend?

Many are putting in the work themselves. Others are providing higher wages, better benefits, or subbing out their work to a third party.

In the case of owners looking for another option – maybe it’s time to hand over the keys to the kingdom. We continue to receive inquiries from owners looking to acquire adjacent businesses.

For those not quite ready to be done, maybe the answer is handing over one of the keys, but not all. Recent SBA changes have allowed owners to retain partial ownership.

This allows you, as the owner, to continue building your business, but with less day-to-day stress.

If you believe lack of help has impacted exit options for your business, we’re happy to assist with your exit planning and maximizing your business’s sale value.

To deepen your understanding of exit strategies, explore our video series “24 Rules to a Successful Business Exit,” crafted specifically for you.

You can check them out here.

These short videos are the ultimate quick start guide of the exit process.

Questions about the exit process or valuation?

Call us today at (612) 235-3511.