Dan Olszewski, Director of the Weinert Center for Entrepreneurship at the Wisconsin School of Business at the University of Wisconsin-Madison
In a recent Wall Street Journal article, Dan Olszewski, director of the Weinert Center for Entrepreneurship at the Wisconsin School of Business, explains that analyst projections about when baby boomers would sell their small businesses to prepare for retirement have not panned out.
The article, “The Missing Boom in Small Business Sales,” cites recent U.S. Census data indicating that 38 percent of small business owners in 2013 were more than 55 years old, compared with 29 percent in 2005.
“The demographics would very much point you to the idea that there should have been this huge outflow of business owners,” Olszewski says. “But it hasn’t really happened.”
Read the full Wall Street Journal article.