Over the next ten years $15 trillion in business assets will change hands as baby boomers exit their companies.
Baby boomers own a massive portion of private companies.
And they are retiring at a rate of about 10,000 people every single day.
About 73 percent of them plan to exit their businesses within the next ten years.
That means $15 trillion worth of companies, assets, and ownership will transfer to new hands.
Some will be sold.
Some will be inherited.
Some will enter the market looking for buyers and operators.
This is shaping up to be the largest wealth transfer in the country’s history.
But most business owners are not positioned to take advantage of it.
And the investors who prepare early are the ones who will capture the opportunity.
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