Ready to leave the Corporate World?
Baby Boomers Dilemma-Buying a Business at your
Age?
As a card carrying member of the Boomer
generation and a South Florida Business Broker I hear the stories of
why business owners are selling their Florida businesses. Perhaps even more
interesting is why so many Boomers are interested in Buying a Florida Business
at this stage of their life.
This is because many Baby Boomers in Florida are
too young to retire, and are facing age discrimination in the corporate
world. What is a better way to use your years of experience in the
corporate world than to leverage your strengths and buy a business
in Florida?
An interesting tidbit is that those in the age
group between 55-64 years of age form businesses at a higher rate than any
other age group. Many people in this group have substantial retirement accounts
but realize that starting to use these funds too early makes
retirement a tradeoff of trying to live life on a fixed and limited income.
Many people are realizing the cost of living in
many places in the country does not enable a lifestyle that is conducive to
quality of life that you have work so hard to achieve and why Florida has
become a leading choice for those seeking a lifestyle change.
As a Boca Raton Business Broker I am primarily
involved with South Florida businesses for sale which includes business
listings in Palm Beach, Broward, and Dade Counties. However, my membership in
the Business Brokers of Florida (BBF) gives me an opportunity to find
businesses for sale throughout Florida.
Many people I have spoken with are not certain
which type of business makes the most sense for them which has
prompted me to create a questionnaire to help narrow down the choices. If you
have an interest in receiving a copy of this document send me an email
edwardsklar@southfloridaforme.com and I will be pleased to send it to you.
Many of the businesses we have available offer owner
financing but
here are
the most popular funding solutions we use to provide funding:
- 401(k)
Business Financing (Rollovers for Business Start-ups)
- SBA
Loans
- Unsecured
credit
- Portfolio
Loans
Please think about how secure you will feel in
buying a business with established cash flow where your expertise can bring it
to another level. All of our clients receive an opportunity to work with our
team of professionals for assistance in areas such as legal, accounting,
marketing, sales, and business planning.

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