This article is directed to Baby Boomer business owners (BBBOs) who are feeling overwhelmed by the prospect of having to reset their transition plans. Many of us who are active in the business transition planning space have been saying for years that a market change is coming and that Baby Boomer owners of lower middle-market businesses (with annual revenues between $5 million and $100 million) need to get their businesses positioned accordingly. Of course, a global pandemic wasn’t the change we had in mind. But that’s what we got.
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