In 2013, Barclay’s capital, a UK Bank, surveyed 2,000 people from
17 different countries whose net worth exceeded $1.5 million. This
survey revealed that over 40% of those interviewed listed entrepreneurship as a major source of their own personal wealth creation.
The survey also stated that in 2012 alone, 28% of those surveyed
received money through selling a business. Further, more people in
the survey received money from selling a business than from receiving an inheritance!
At Fortress Asset Management we recognize the importance of assist-ing entrepreneurs with the management of their wealth, much of which is held in the businesses they own. We know that there are many important decisions entrepreneurs make relating to their business that will have major ramifications on their future and the future of their family and loved ones. One of the key decisions entrepreneurs face is the “if” and “when” they should sell their business. It is our experience that this decision is motivated by some of the factors listed below:
At Fortress Asset Management we recognize the importance of assist-ing entrepreneurs with the management of their wealth, much of which is held in the businesses they own. We know that there are many important decisions entrepreneurs make relating to their business that will have major ramifications on their future and the future of their family and loved ones. One of the key decisions entrepreneurs face is the “if” and “when” they should sell their business. It is our experience that this decision is motivated by some of the factors listed below: