October 28, 2020

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Outcomes vary in small-town business transitions | union-bulletin.com

1 min read

By Dian Ver Valen

Apr 16, 2017 – DAYTON (OHIO) — Some call it the “silver tsunami,” this wave of Baby Boomer business owners who are now reaching retirement age.  In towns as small and rural as Dayton, such a wave, coupled with a lack of planning for succession in the business community, can spell doom.  Just last year, two small downtown shops — Jacci’s Yarn Basket and Hometown Carpets — closed permanently because their owners retired.

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SOURCE: http://www.union-bulletin.com/news/business/outcomes-vary-in-small-town-business-transitions/article_a9a4bc5e-223b-11e7-90d0-d340c66c8153.html

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