Did you know that approximately 65% of ALL businesses in the United States are owned by Baby Boomers? Are you one of them? Perhaps you’ve had your business for many years or even decades and, while it’s been good to you, you’re feeling the tug of retirement. Experts tell us that HALF of all Baby Boomer business owners want to exit their businesses in the next 5 years, and 75% over the next 10 years. The numbers are staggering. Between 7 million and 12 million businesses will need to be exited over the next 20 years. The problem? There are only about 24,000 sold each year.
Our guests today, Heath Frantzen and Mark Torok, are authorities in business acquisitions, successions, and exit planning for people who fit precisely into this crowd.