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57% of all companies, privately held companies in America are owned by child boomers. I’ve obtained an article that’ll be in Forbes about what I’m calling the Golden Age of Business Acquisitions. 10,000 child boomers are retiring daily, like for the subsequent 9 years, okay? They’re not simply going to shut these companies down, of us. They need to promote on it. They need to try to make a little bit of cash off it, okay? And as I already instructed you earlier, standard banks don’t like to finance enterprise acquisition masses as a result of oftentimes there’s little or no collateral there. Most small enterprise acquisitions beneath $5 million are financed with SBA 7(a) or their vendor financed. But I gotta inform you, if I’m a child boomer and I’m promoting my enterprise, do I really need to maintain that paper?
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