4 exit options baby boomer business owners might want to consider

With the youngest of the baby boomers now in their early 60s, business owners in this generation could benefit from considering exit strategies if they haven’t already.

An article in the Guardian (29 March 2026) notes that as small business owners prepare to retire, their companies could disappear. After you’ve dedicated so much time to your business, you might want to take steps to create a lasting legacy, and an effective exit strategy may help you achieve that goal.

While some entrepreneurs prepare to step back, there are eager individuals who are ready to take the reins. Deciding what’s right for you and your business may feel daunting, but going through the different options coul