Main Street Braces for ‘Silver Tsunami’ as Small Business Owners Plan for Retirement

Sixty percent of small business owners do not have a formal succession plan, while 41 percent would permanently close their doors if they cannot find a buyer.
Main Street Braces for ‘Silver Tsunami’ as Small Business Owners Plan for Retirement
A pawnshop advertising sign greets customers outside of Phenix City, Alabama, on April 7, 2026. John Fredricks/The Epoch Times
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Call it the “silver tsunami.”

Waves of aging small business owners are planning to retire over the next 10 years, according to new data from the 2026 Zelle Small Business Pulse Report, released on April 27.

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Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."