As baby boomers retire, Main Street could face a tsunami of change
December 10, 2019 at 10:30 AM EST
Baby boomer business owners are retiring in record numbers, fueling a dramatic paradigm shift on Main Street. Boomers own 2.34 million small businesses in the U.S., employing more than 25 million people. Many are at a crossroads and need to determine if they will be selling their business or passing it on to a successor.