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As Baby Boomers retire, they’re selling off an estimated $10 trillion worth of small businesses, creating significant opportunities for Millennials and Gen Zers. This generational handover is driven by tax incentives, economic recovery and growing interest from younger entrepreneurs seeking stable investments. Business brokers expect demand to rise further.
Read Business Insider’s story about the financial implications.
By Rebecca Meiser
Contributor, Commerce + Communities Today and Small Business Center
ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.
Learn more