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Business Owner Financial Needs

1. According to Kiplinger’s magazine, what percentage of small business owners have ever consulted a financial advisor?
20%
40%
60%
70%
2. Approximately what percentage of small to mid-sized business owners proactively seek advice related to banking and retirement?
25%
35%
45%
55%
3. What percentage of businesses that are put on the market do not sell?
50%
60%
70%
80%
4. Approximately percentage of business owners have no written transition plan?
50%
60%
70%
80%
5. All of the following financial indicators can be used in determining a business’s value EXCEPT:
Annual Sales
EBITDA
Owner’s Net Worth
D. Business Liquidity
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