This year baby boomer business owners will enter their mid-70s and we will begin to experience the greatest wealth transfer in the history of the world. These business owners will experience change in their business and personal lives that they have never before navigated. They need expert Exit Planning and a sound Business Valuation.
Only 2 out of every 10 businesses that come to market actually sell.
Only 30% of family businesses successfully transition to the second generation, only 12% transfer to the third, and the success rates diminish from there.
Of those that succeed in the sale of their business, 75% experience “profound regret” within one year of exiting their business.
We are pleased to say our clients’ success rate is higher than these industry averages.
Did you know? Business Valuation is a tiny profession, with estimates of just 5,000 credentialed experts nationwide.
Business valuation and litigation support often go hand in hand, along with forensic accounting, digital forensic science, investigative services, damage quantification, evidence management and expert witness testimony. OFWF is the best choice because our team includes credentialed business valuators and seasoned litigation experts.
Our litigation experts are skilled in assessing commercial damages, working with financially distressed or bankrupt businesses, and developing business values in legal settings. We’re frequently asked to testify and can assist throughout the legal process in areas such as document discovery and opposing expert depositions.
Learn more about the variety of services and depth of experience our team has offered since 1951, including stock-based compensation, gift and estate tax planning, solvency and fairness opinions, and more. Contact us today for more information on our business valuations and litigation support.