Across the U.S., roughly 6 in 10 business owners plan to retire or sell within the next decade, yet only 20% of listed businesses sell and only 15% of businesses are passed on to the next generation.
In Colorado, where 48% of small businesses are owned by people 55+, employee ownership could mean the difference between businesses shutting down or staying open. At least, that’s what one private investor thinks — and he’s putting his money where his mouth is.
https://coloradosun.com/2024/08/28/employee-owned-businesses-surge-in-colorado/
