The Reality of Business, Baby Boomers and Demographics

Best shown graphically. The following charts show the "burgeoning crisis" facing private business owners in Canada. The situation in many parts of the US is even more acute. 37% of private business owners will be 70+ years of age by 2012.

84% of business owners polled had no "key employee" or manager sited for a potential buyout. By 2020, 2.5M currently active entrepreneurs in Canada will become outrepreneurs.