Business ideas to serve retiring boomers

It’s no surprise that the pandemic hastened already-rising retirement rates. 

Amongst the millions of boomers in the US retiring each year are the business owners who own nearly half of private businesses with employees in America.

That amounts to over 2m companies, 24m employees, and $5T in sales.

The scoop from the latest Trends signal is business ideas centered around the ongoing, massive transfer of wealth. 

• Business-for-sale platforms: Become the tech-savvy facilitator to help them sell their company.
• Family legacy summits: AKA events to help boomers pass on the family business.
• Buy ‘em yourself: Using methods inspired by several My First Million guests. 

Industry signals like this are a fixture in the weekly Trends newsletter. 

Try the $1 Trends trial to get access to endless builder insights and the creative community of professionals. 

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