Silver Tsunami

Small Business Survey Results


WHAT's INside

Live Oak Bank’s Quarterly Research highlights the impact of the Silver Tsunami on small business ownership.

  • 70% of small businesses do not have a succession plan.
  • 26% have accelerated their transition plans due to the state of the economy. 
  • Nearly 33% of small businesses plan to transition ownership within five years. 

Each quarter, Live Oak will be sharing real-time metrics based on a relevant and timely topic. Barlow Research, a data-driven research firm, is leading the survey efforts on behalf of Live Oak Bank.