For sale: Boomers’ businesses — but for how much?

It started as a dream. An idea.

“What if I started a business doing (fill in the blank)?”

In the beginning it was just you — and maybe a partner or two. The business ran on blood, sweat and tears, with some heart and soul thrown in for good measure — and a chunk of your personal financial resources, too.

So perhaps it’s no surprise that when the time comes to sell the business and retire, some baby boomers just aren’t prepared.

They may not have a full understanding of their company’s actual value. Or perhaps their inability to let go undermines the…