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Why exit plans matter to Boomer Business Owners (BBO’s)

Why exit plans matter to Boomer Business Owners (BBO’s)

In the next 10 years it is estimated that $10 trillion in Canada, will change hands as a result of small and medium size businesses being sold, handed down to the next generation, merged, or simply closed down. One estimate is that 800,000 Canadian businesses will change hands due to boomers retiring.