I'm John Betts with my good friend Gene Marks, who's back from the road, Dallas, Atlanta,

New Orleans, San Diego. We come to small businesses and what they can anticipate one is selling the

small business 63% of u.s entrepreneurs is this a demographics gene is this the own the boomer owners moving

on yeah it's it's a good number and that that's why I reported on it. It is a,

you know, more than 50% of business owners in this country genre between the ages of 55 and 60.

You know, it is a, we have a growing boomer generation that own businesses, and we've all heard

this big transfer of wealth and the silver tsunami.

It is happening and happening now and will be happening over the next 10 years.

My takeaway from that, though, is that if you are looking to be,

so many people want to have their own businesses and, you know,

being an entrepreneur and I think that's great.

If you are serious about doing that rather than starting up something from scratch,

there are a lot of existing businesses that are there for sale.

And if you're there willing to buy an existing business, you've got infrastructure and

employees along with it.

The other advice I've been giving clients, and I've been hearing this well, because of the

big beautiful bill, it may make sense for a lot of business owners, these older business owners, to convert their

businesses to C corporations from partnerships or S-Corps. And the reason why I want to give that

advice on the show, John, is that if you convert your company, if you start up a new C corporation,

and then you stick around for

another five years, under Section 1202 of the tax code, which has now been improved because of the

big, beautiful bill, you can sell your business five years from now and pay no capital gains

...