Increasing diversity among business buyers

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Diversity isn’t a word most people would use to describe sellers in today’s business-for-sale market. More often than not, sellers are Caucasian Baby Boomers interested in exiting their careers to enter retirement. In fact, BizBuySell.com’s recent survey of small business buyers and sellers found that 86 percent of owners interested in selling their businesses identify as Caucasian.

But what about the buyers in today’s market?

According to BizBuySell’s report, which surveyed over 2,000 prospective small business buyers and sellers, buyers are a more diverse group. READ MORE

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