Buying a baby boomer business might seem like a great opportunity, but it comes with some unique challenges. Let’s recap the three big ones:

1. Aging workforce: You need to figure out if key employees are close to retirement and whether younger talent will be willing to join or stay with the company.
2. Stubborn sellers: Be prepared for some emotional attachment and sellers who refuse to negotiate, even if it means they’d rather close the business than accept a lower offer.
3. Outdated operations: Some businesses may not have kept up with industry changes or modern technologies, which means you’ll have to invest in modernization to keep them competitive.

In this episode of After The Pitch, we're going to dive into these downfalls so you can avoid troubles when looking for a baby boomer business to buy.
Theme Song "Made For" by J. Kirk
Contact After The Pitch

• Tweet us at @AfterThePitch
• Follow us on Instagram @ATPonInsta
• For feedback email us at [email protected]
• For future topics, email us at [email protected]
• For advertising opportunities, email us at [email protected]

Thanks for listening!