Retiring baby boomers will trigger a huge wave of business transfers over next 5 to 10 years: CFIB

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But CFIB says most don’t have formal written succession plans, which poses ‘significant risks for Canada’s competitiveness and prosperity’

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if they retire, many of them will not and cannot retire

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'Baby Boomer' retirements will cause a huge wave of business transfers: CFIBApproaching 'baby boomer' retirements will result in a huge transfer of business ownership over the next five to 10 years, but only a small percentage of owners have a formal written succession plan, the Canadian Federation of Independent Business says. Ya think 🙄🤫🤔
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