Interesting news...

topic posted Sun, October 23, 2005 - 5:40 PM by  a
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So in north america, with the advent of baby boomers retiring there is going to be a glut of businesses that will be available for sale to finance their retirement. However, there are not enough buyers and with the lack of succession planning for many of these entrpreneurial businesses, it is being predicted that there is going to be a crisis with many businesses folding due to no new owners.

And there won't be enough financing for management buyouts either because many banks are unwilling to risk putting their money into buyouts, because they consider them as the same class of startups...

As an entrepreneur, what are you doing for this??
posted by:
a
offline a
Canada
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