Silver tsunami in North Carolina

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Project Equity research says there were 14,400 family owned businesses in the 18 county Western North Carolina region where the youngest family member is 55. The kids went to college and didn’t come back to the family business. 24 million United States workers could be affected by the coming “silver tsunami,” which refers to business owners of the baby boomer generation retiring without a succession plan for their businesses.


Cooperative ways to weather the Silver tsunami. Yes Magazine link [2]

They point to the Small business closure crisis

6 out of 10 business owners plan to sell in the next decade.

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