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Great (small business) wealth transfer: McKinsey sees $5 trillion of baby boomer companies for sale

Move over, Great Wealth Transfer. The McKinsey Institute for Economic Mobility sees the next decade as make or break for the Great Ownership Transfer.

This “Great Ownership Transfer” poses a critical structural test for the U.S. economy. Small businesses account for 99% of all U.S. companies and employ nearly half of the nation’s workforce. However, the report warns that without significant systemi… [4684 chars]

Source: Fortune | Published: 2026-02-26T15:50:07Z

Credit: Fortune

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