Baby boomers selling their business for less

By Guest Author · 9 August 2007 · General

Baby Boomers Risk Losing Life Savings in Business Sale

Australian data reveals a shocking trend: many Baby Boomers are selling their businesses for less than they're worth, leaving them with uncertain futures. Find out why preparation is key to a comfortable retirement.

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Summary

Global serial entrepreneur and one of Australia’s entrepreneurship educators, Dr Tom McKaskill, says Baby Boomers are not adequately preparing to sell their businesses at a profit and retire comfortably. Data reveals that a third of private businesses in Australia are in the baby boomer group, and that many business operators looking to sell out simply believe […]

Tags: Grow Your Business