Boomer Owned Businesses After Retirement
Baby Boomers are entering retirement in larger numbers every day and will continue to do so over the next couple decades. Those that own their own business are looking for ways to ensure the longevity of their business after they retire, and they are turning to their employees as a possible solution. Some business owners are passing their business down to their workers rather than selling off to a competitor. This practice is becoming more commonplace as the business owners realize that the best shot that the business has after they retire is entrusting its continued success to those that benefit the most from it. For more information visit this article by Ben Schiller with Fastcoexist.com.