41% of Entrepreneurs Will Leave Their Small Business Behind in 5 Years
smallbiztrends | February 18, 2018
A staggering 41 percent of entrepreneurs will leave their small business behind in five years. This was the finding of a report by the global financial services firm UBS (NYSE: UBS), looking at business ownership and entrepreneurialism in modern America. The UBS Investor Watch ‘Who’s the Boss?’ report found that nearly 60 percent of wealthy investors would consider starting their own business, yet at the same time, more than 40 percent of existing small business owners are preparing to exit from their business. Of the 41 percent of business owners planning to leave their business in the next five years, half plan to sell their business.