Understanding the Potential Impact of Maine's Small Business Owners' Retirement.
There are many businesses in Maine, employing tens of thousands of workers, where the owner wanted to retire in the next few years, and most do not know what to do with their business. Now, the uncertainty and upheaval caused by the current economic and public health crises is causing them to rethink whether they want to keep going at all.
Lack of awareness about the exit planning process and options too often leads to unnecessary liquidation and closure.
This survey is part of a research project on the growth and/or exit plans of our state's small business owners (privately held companies with fewer than 100 employees). Additionally, we are seeking information on the impact of the current economic crisis on your business. Your response to this survey will help civic leaders and policy makers plan for our state’s future economy. Data collected will help build a better estimate of the scope and scale of this challenge in Maine.
This will take less than 5 minutes to complete. Thank you for taking the time to answer the survey! All responses are confidential. All individual survey responses will be confidential. Only the aggregated, anonymous data will be available publicly.