10/14/2015 – The Missing Boom in Small-Business Sales (The Wall Street Journal)

Oct 14, 2015 Comments Off by

Despite predictions that a flood of small businesses would be coming up for sale as owners of a certain generation ready themselves for retirement, many are holding on longer than expected. According to a U.S. Census Bureau count of owners of incorporated firms, people age 55 and older accounted for 38% of business owners in 2013, the most recent data available, up from 29% in 2005. The holdouts have many reasons. In some cases, younger family members aren’t interested in taking the reins, complicating succession planning. Others haven’t yet recovered financially from the recession.

Read the full article in The Wall Street Journal.

Financial Landing 2015

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