Over the next decade, millions of business owners across the United States will reach retirement. Many have spent decades building companies that are profitable, established, and deeply embedded in their communities. More than $15 trillion in privately held business value is expected to change hands.
The businesses that transition successfully will not be the largest. They will be the ones that are understood, structured, and prepared to operate beyond their current owner.
For buyers, this represents one of the greatest acquisition opportunities of a generation. For owners approaching retirement, the question is whether the business will be ready when the time comes.