Ownership Transfer & Management Succession: FMI and CFMA Industry Study
Whether your business is just starting out or well-established, exploring options for ownership transfer and management succession (OTMS) early on makes risk mitigation more manageable, which can help ensure business continuity and safeguard your legacy.
In our newest research study on OTMS trends, we uncover insights and tactics to help you position yourself and your company for long-term success.
Key Findings Include:
- 58% respondents reported they do not have an ownership transfer plan.
- Approximately two-thirds of respondents considered their business as a family business.
- Fewer companies are developing formal succession plans than four years ago.