I’m not exactly a baby boomer, but I’m pretty darn close. The standard definition of this generation is that they were born between the years after the second world war and 1964. I was born in 1965, close, so go ahead, call me a boomer if you want. I’m not ashamed. But there’s one thing I do know: the small business world will be much better off when the boomers ride off into the sunset.
According to data from Wilmington Trust, baby boomers own 2.3m businesses in the country and employ about 25 million people, which means that a third of Americans depend on these businesses for their income and tens of millions more – vendors, suppliers, freelancers – also depend on these businesses for their livelihood.
