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Silver Tsunami: A Small Business Crisis

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What is the Silver Tsunami

  • 2.9 million Baby Boomer business owners will retire over the next 10 years.

  • Their businesses hold an estimated $5 -10 trillion in wealth that will change hands.

  • This impacts millions of small and mid-sized businesses nationwide.

  • It creates a major risk of closures and job loss — major opportunity for new owners.

Click Map To Find Out How Many Business Owners Are Retiring In Your City:

  • Data provided by 2023 U.S. Census - The Silver Tsunami of retiring business owners in the US - Project Equity Map created by Franzi Charen

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