• There are approximately 15 million to 18 million privately owned (closely controlled) businesses in the
• 60% of those companies, or 9 million to 10.8 million companies, are owned by Baby Boomers.
• Most of these Baby Boomer business owners will exit their companies in the next ten years.
Data Source: Laura Raines, “Owners Should Have Exit Plan,”
If you plan to exit and sell your business or your interest in a business in the next ten years, it is time to take a good look at the value of your company. It is also a good time to start calculating the number of other businesses like yours that might come on the block at the same time you want to sell your business. Do you have an advantage?
Find out how you can get an edge and quadruple the value of your company in The Practice Building Team’s new Special Report: How to Quadruple the Value of Your Business in Three to Five Years.
