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>>I heard in the West its similar, lots of baby boomers want to retire with small businesses that no one wants to take over. Yes[1], and this becomes even more
by otoburb 4y ago
>>I heard in the West its similar, lots of baby boomers want to retire with small businesses that no one wants to take over.
Yes[1], and this becomes even more complicated when these baby boomer small business owners are/were planning on the sale of their business as a way to (partially) fund their retirement, whether in future cash flows as a residual equity owner or lump-sum with (too) high valuations.
[1] https://www.forbes.com/sites/markhall/2022/01/25/unsexy-but-thriving-businesses-the-hidden-opportunity-gifted-to-us-by-baby-boomers/ https://www.forbes.com/sites/markhall/2022/01/25/unsexy-but-...