"Louisville, KY -- (SBWIRE) -- 07/24/2013 -- We are adding one other item to the list of external factors – the impact of Baby Boomers. As they reach retirement age, we are now asking, “How will the Baby Boomer generation impact the sale of private businesses?”
One theory, based upon the simple law of supply and demand, is that an influx of businesses for sale by retiring Baby Boomers could result in an oversupply of businesses on the market, which could in turn lead to deterioration in business values.
Baby Boomers are defined as the group of people born between 1946 and 1964. This group of 77 million Americans accounts for 28% of the population, according to Baby Boomer Headquarters, http://www.bbhq.com/.
Private business owners will be among the ranks of retiring Baby Boomers. In the 1960s and 70s, many Baby Boomers started their own businesses. As a result of the aging business owner population, roughly 40% of the family-owned businesses in the United States are expected to experience a leadership change in the next five years"
Read more at:
American Fortune Sees a Baby Boomer Business Sell-off on the Horizon? | Jul 24, 2013:
For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
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