By:
James Rores, Pipeline Coach
In the United States, between 2011 and 2029, over 800,000 businesses with an estimated value of $3.3 trillion dollars will be disposed of by the Baby Boomers who own them. According to a Trendsetter Barometer Survey published by Price Waterhouse, 65% of these businesses will be sold – with an estimated value of $2.2 trillion.
What happens to the $1.1 trillion in business value not cashed in will be the subject of a future article, for now our focus is on the $2.2 trillion that will be sold.