There are 12 million small businesses in the US, according to estimates. About 40% of the nation’s privately held small businesses and franchises are owned by baby boomers. Baby boomer businesses employ over 25 million people. On average, 350K baby boomers sell their business per year.
What can we do with this information? We can start buying business owned by baby boomers. Let's help our nation's economy by buying the companies ripe for the picking. In this episode of After The Pitch, host Adrian T. Marable breaks down the top 3 reasons why you should buy a baby boomer business.
Sources: Marcumllp, Exit Strategies Group, Linkedin
Theme Song "Made For" by J. Kirk
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