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4 Best Options For Selling Your Business For Retirement. Read more: https://mpactventures.com/selling-you...

If you are a ‘baby boomer’ entrepreneur interested in selling your business for retirement, you’re not alone.

According to the U.S. Census Bureau, boomers own about two-thirds of business with employees. This amounts to approximately 4 million businesses.

If an equal number of retiring business owners try selling their businesses, then 210,000 businesses would hit the market each year by 2030.

The problem? In 2017, only 7,842 small businesses were sold.

The potential ‘silver tsunami‘ of small businesses hitting the market could make it extremely difficult to sell a business quickly and for a fair price in the coming years.

If you’re counting on selling your business for retirement, what are you supposed to do?

To read the rest of the article, please visit https://mpactventures.com/selling-you...

ABOUT MPACT VENTURES

MPact Ventures, founded by Michael Palomo, is a company dedicated to helping solve the tough problems facing business owners. The most common problems include improving cash flow and becoming more efficient & cost-effective in order to grow their business, get off the ‘cash flow roller coaster’ and create a more stable way of life for themselves and their loved ones.

Other problems include wanting to sell the business. However, it’s more difficult than ever to sell a business for a large, lump-sum profit. Plus, many business owners want more than just money for their business. You want the peace of mind of knowing that your employees will be taken care of. You want to know that your legacy will live on long after you've moved on from the company.

As an expert in property acquisition and investor relations, Michael has helped several types of business owners, regardless of the industry, sell their business for a fair price using out of the box strategies that provide ‘win-win’ for all parties involved.

If you're looking to position yourself to start, grow, sell, or take a business public, then Michael Palomo of MPact Ventures can help!

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