[IMGCAP(1)]The number of purchases and sales of small businesses, at an all-time high in 2013, grew even more during 2014. In addition to further showing signs of a reviving economy, this is good news for baby boomer business owners who want to retire, and for entrepreneurs who want to own their own business.

Participating business brokers reported 7,494 closed transactions in 2014, an increase of over 6 percent from the 7,056 transactions in 2013.

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