Baby boomer business owners need good planning for a successful exit

A silver tsunami of baby boomer business owners in Massachusetts expect to sell their businesses in the near future, but many have not undertaken the planning needed to ensure success. As many baby boomers who own businesses reach the age of 65 and older, the number of businesses slated for ownership transfer is projected to increase substantially. For many successful business owners, the prospect of retiring and transferring ownership can be intimidating, especially after investing decades...