Succession planning critical as baby boomers reach retirement age

By Lizbeth Pal · 13 July 2011 · Hot Tips

Succession planning critical as baby boomers reach retirement age

Baby Boomers' Retirement: A Warning for SME Owners

As the first baby boomers reach retirement age, small business owners are facing a ticking time bomb. Will you be prepared to avoid a potentially devastating financial blow?

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Summary

With the first of the baby boomers reaching retirement, predictions of SMEs hitting the market at depressing sales prices mean owners should now be fine-tuning their succession plans.

Tags: Baby Boomers, Business Owners, Business Plan, business sales, businesses for sale, Succession Planning, succession plans