Baton Raises $10M to Solve the $10T Small Business Transition Challenge
Briefly

As small business owners retire, a significant shift in the entrepreneurial landscape is occurring, leading to new opportunities in business ownership transfer. Baton is addressing these challenges with a tech-driven platform designed for small-to-medium business (SMB) acquisitions. It boasts a 70% close rate, substantially outperforming traditional methods. Baton simplifies the sales process by offering features like free initial valuations and accessible digital data rooms. Recent funding of $12.8 million will enhance its innovative solutions, appealing to both new entrepreneurs and retiring owners wanting efficient sales.
Baton's platform achieves a 70% close rate for business sales, transforming the SMB acquisitions market and enabling efficient ownership transfer.
The platform offers a unique blend of tech-enabled services, free valuations, and a low-cost commission structure, streamlining the business sales process.
Read at Alleywatch
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