Rural Minnesota Business Succession and Sale: Barriers and Opportunities
December 2024 By Sarah Harstad, Ph.D. The future is here Minnesota is facing a threat to the economic and social life of rural areas. According to data from the U.S. Census, 53% of Minnesota business owners are over age 55.[1] The state boasts over 525,000 businesses,[2] but due to this “silver tsunami” that has already ...