WITH CORRECT ANSWERS 2025
Based on the 2013 EPI State of Owner Readiness Survey, how many business owners were not familiar wi
th all their transition options? - CORRECT ANSWER -Nearly 2/3rds
What hyis hya hypro hyfor hyan hyintergenerational hytransfer? hy-FCORRECT hyANSWER hy-
a) hyBusiness hylegacy hypreservation hyb) hyPlanned hyc) hyLower hycost
Which hyof hythe hyfollowing hyis hynot hyan hyinside hyexit hyoption? hy- hyCORRECT hyANSWER hy-Recapitalization
WhatFare hythe hytwo hygeneral hycategories hyfor hyprivate hyownership hyexit hyoptions? hy- hyCORRECT hyANSWER
hy- hyInside hyand hyOutside
. hyA hybusiness hyowner hyyou hyare hyadvising hyon hyexit hyoptionsFdoes hynot hyhave hya hyfamily hymember hyor hychildren
hyto hytransfer hythe hybusiness hyto. hyShe hywould hylike hythe hyexit hyoption hythatFwill hyget hyher hythe hyhighest hyprice
hyfor hythe hybusiness, hymore hyc hyash hyup hyfront, hyand hywill hyallow hyher hyto hywalk hyaway hyfaster. hyWhat hyoption
hydo hyyou hyrecommend? hy-
CORRECT hyANSWER hy-Third hyParty hySale
Inside hySale hyoptions hy- hyCORRECT hyANSWER hy-
i. hyIntergenerational hytransfer hyii. hyManagement hybuyout hyiii. hySale hyto hyexisting hypartners hyiv. hySale hyto
hyemployees hy(ESO hyP)
Outside hySale hyoptions hy- hyCORRECT hyANSWER hy-
i. hySale hyto hythird hyparty hyii. hyRecapitalization hyiii. hyIPO hyiv. hyOrderly hyliquidation
When hyasked, hy"what hybest hydescribes hyhow hyyou hyare hyplanningFto hytransition?" hyOwner hyplans hyfor
hytransition, hybased hyon hy2013 hySOOR: hy- hyCORRECT hyANSWER hy-
i. hy35.6% hyindicated hythey hywould hytransition hyvia hyan hyinternal hyexit hyoption hyii. hy31.4% hyindicated hythey hywould
hytransitio hyn hyvia hyan hyexternal hyoption hyiii. hy30.9% hyindicated hythey hywere hynot hysure hyiv. hy2% hyof hythe
hysample hyanswered hy"other
Intergenerational hytransfer hy- hyCORRECT hyANSWER hy-
. hyTransfer hyof hybusiness hystock hyto hydirect hyheirs, hyusually hychildren. hy50% hyof hybusiness hyowners hywant hyto
hyexercise hythis hyoption hy- hyin hyreality, hyonly hyabout hy30% hyactually hydo