More than four in ten entrepreneurs exit in order to prioritise wellbeing and family, according to new research that highlights the emotional toll of running a business in the current climate.
Current market conditions also play a leading role with 65 per cent selling up sooner than they had wanted due to the fear of tax rises.
And one in five said they received offers they “couldn’t refuse”, often resulting in hasty decisions and heightened uncertainty.
More than half told researchers they experienced anxiety during the exit period, noting that this was nearly twice as likely in women compared to men.
Dragons’ Dens panellist Touker Suleyman was quick to acknowledge the need to recognise the emotional impact, saying: “Throughout my entrepreneurial journey, I’ve learned that the most valuable advice is from people who understand the human side of running a business.”
The Hawes & Curtis CEO added: “It’s not just about numbers or strategy; it’s about recognising the personal and emotional aspects of change. Having access to friends and advisers who can empathise with these challenges and provide support are invaluable.”
The findings were contained new report from private and commercial bank, Arbuthnot Latham, ‘Beyond the Balance Sheet’. Throughout, one thing was clear: planning ahead significantly eased the transition to life after exit.
Among those surveyed, 61% felt completely or “mostly” prepared for life post-exit. In contrast, the 39% who said they felt only somewhat prepared reported grappling with feelings of aimlessness and uncertainty as they adjusted to the loss of structure and identity their business once provided.
I’ve learned that the most valuable advice is from people who understand the human side of running a business – touker suleyman
Kevin Barrett, Head of Private and Commercial Banking at Arbuthnot Latham, said: “Professional financial advisers were ranked as the most valuable source of support during the exit experience, along with lawyers. This confirms what we already felt strongly about, the need for a human and personal service, focused on supporting entrepreneurs across both their business and personal wealth.”
Amid exit preparations, critical elements such as family wealth management and long-term financial planning can often be overlooked, authors suggested. By addressing these considerations early – ideally, at least two years in advance – entrepreneurs can help secure their financial legacy and ensure a smooth transition with stability and peace of mind.
Ali Ravanshad, Founder & CEO of Dandi, said: “Too often, people focus only on the value of a business exit, forgetting the blood, sweat, and sacrifice that went into building it. For founders and teams, it’s more than just a transaction—it’s years of late nights, tough decisions, and moments of joy along the way.
“And, the emotional side of the journey matters just as much as the financial one. The right advisers don’t just secure the best deal; they understand what it truly means to let go and help you navigate both the numbers and the emotions that come with it.”
Post-exit, many entrepreneurs were found to have experienced a surprising void without the structure and identity provided by their business. Around 70% of respondents redirected their focus to family, 38% said they explored new interests and hobbies, and 31% remained engaged with their business in some capacity.
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