Which survey indicated that 99% of business owners value having a transition strategy?

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The survey that indicated 99% of business owners value having a transition strategy is the "State of Owner Readiness." This survey focuses on business owners' perspectives regarding their preparedness for transitioning their businesses, highlighting the importance they place on having a clear strategy as they approach exit planning. The findings emphasize that while many owners recognize the need for a well-thought-out plan for transitioning their businesses, a gap often exists between this acknowledgment and the implementation of effective strategies. This awareness reflects the fundamental principles of exit planning, which aim to increase business value and ensure a smooth transition when ownership changes.

In contrast, the other surveys mentioned do not specifically address the value placed on having a transition strategy by business owners in the same way. Thus, "State of Owner Readiness" is particularly relevant in understanding the mindset and readiness of owners for eventual business transition, making the information it provides crucial in the context of exit planning.

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