92% of Businesses Won’t Sell. This Wilmington Startup Wants to Change That. (opens original article in a new tab)

A Wilmington startup, IQExit, aims to address the challenge of business transitions by providing 'exit readiness intelligence' to help owners prepare for sales, with a focus on collaboration with advisors rather than AI-driven solutions.

• 92% of American businesses close rather than sell, with a significant number facing ownership transitions by 2035.
• IQExit offers a pre-transaction platform to help business owners and advisors identify potential issues and prepare for sales.
• The startup emphasizes collaboration with professional advisors over AI, aiming to improve exit readiness and reduce the risk of business closures.