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Economic turbulence, exacerbated by the pandemic, has injected uncertainty into the transfer of small businesses from aging Baby Boomer owners to the next generation, a transition that has been anticipated for years. Despite these challenges, evidence suggests that the sell-off has begun, presenting both opportunities and complexities for aspiring buyers. This Fox Business article explores the dynamics of this generational shift in business ownership.
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.
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