Retirement
» Retirement, Volume 5, Issue 3, 2005
If respondent is owner or expectant owner of the business AND has given retirement at least some thought.
2. Do you think you will:?
| Response | ||||
|---|---|---|---|---|
| 1 | Sell or close the business before you retire | 18 | ||
| 2 | Sell or close the business at retirement | 25 | ||
| 3 | Pass on the business at retirement | 29 | ||
| 4 | Neither sell nor close the business at retirement | 22 | ||
| 5 | DK/Refuse | 6 | ||
| Total (%) | 100 | |||
| N | 675 | |||
Notes: Eighteen (18) percent of small-business owners and expectant owners, now managers, think that they will sell or close their business before they retire (Q#2).
