#business-succession-planning

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#small-business-ownership-transition #baby-boomer-retirement #wealth-transfer #economic-impact
Retirement
fromFortune
1 day ago

The great (small business) wealth transfer: McKinsey sees $5 trillion of baby boomer companies coming up for sale over the next decade | Fortune

Six million small businesses face ownership transitions by 2035, representing $5 trillion in value, but 92% currently close rather than transfer, threatening economic stability.
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