Charles Green, small business financing expert and author, posted this very timely article by Barbara Taylor in the NY Times about the devastating economic impact to wealth creation and jobs the failure of small businesses to transfer to others in the coming decade will create.
Boomers are tuning 65 at the rate of 14,000/day (and will continue to do so for the next 13+ years) and approximately 6 million own businesses that generate $6 trillion in revenues. This represents more than one half of the U.S.Gross National Product and U.S. Job Base. The author points out that unless business owners address the problem of creating a sustainable business that will continue to grow after their departure, approximately 3/4 of these transactions will fail and the impact will be the loss of $3 trillion of wealth and millions of jobs. Read more....
DISCLAIMER: Opinions and conclusions in this post are solely those of the author unless otherwise indicated. This article is for general information purposes and is not intended to be and should not be taken as advice on any particular matter nor is it intended to be a solicitation regarding any securities transaction and or investment relationship. For those desiring additional information please visit our website www.mamarketplace.com.
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P.S Sorry for getting off-topic but I had to ask!
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Howdy just wanted to give you a quick heads up and let you know a few of the pictures aren't loading properly. I'm not sure why but I think its a
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