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Baby Boomer Retirements Threaten Small Business Future

3/9/2026

28 4 Full Breakdown

Summary

Story summary

A wave of retirements among baby boomer entrepreneurs could reshape U.S. small businesses and affect local economies.
Nearly half of U.S. small-business owners are 55 or older, with only 54% having a succession plan.
American Operator seeks to connect retiring owners with successors to preserve small businesses and broaden ownership.
Anthony Douglas, a former U.S. Air Force Combat Controller, became CEO of Greenway Painting in October 2025.

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Story summary

A wave of retirements among baby boomer entrepreneurs could reshape U.S. small businesses and affect local economies.
Nearly half of U.S. small-business owners are 55 or older, with only 54% having a succession plan.
American Operator seeks to connect retiring owners with successors to preserve small businesses and broaden ownership.
Anthony Douglas, a former U.S. Air Force Combat Controller, became CEO of Greenway Painting in October 2025.