As baby boomers ease into retirement and Generations Y and Z move into their peak earning years, the American economy is experiencing an unprecedented changing of the guard. Nowhere is this effect more noticeable than among the ranks of business owners. Hundreds of outwardly successful small and midsize family-controlled businesses close each year due to economic challenges, younger family members’ disinterest in taking over the business, and many other factors. Planning a successful and rewarding exit is among the most difficult things you’ll do as a business … [+] owner, but it is possible with the right insight. getty Most owners prefer to avoid this fate. Rather than closing up shop w
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