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Succession Planning Is Tough, But a Solution for Aging Entrepreneurs Is Hiding in Plain Sight

Not many business owners have a succession plan in place, but SBA data hints at a smart way forward.

The Small Business Administration reports that the use of SBA loans to buy companies increased 31 percent year-over-year to $8.8 billion during fiscal year 2025, up from the $6.7 billion reported in the prior fiscal year.
“We’ve seen increases in our… [1910 chars]

Source: Inc. Magazine | Published: 2026-02-20T15:23:34Z

Credit: Inc. Magazine

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