Baby Boomers are two and a half times more likely to own a business than the any other generations. Between 1975 (when the first Boomers turned 30), and 1986 the formation of new businesses in America jumped from 300,000 to 700,000 annually. The result is that nearly two-thirds of all businesses with fewer than 500 employees are in the hands of people who are preparing to retire. Source: Awake at 2 clock Got an interesting Fast Fact for a business audience? Please send and share it with our 1,653 subscribers. Click here to subscribe to Read|Delete and receive fast facts delivered weekly. firstname.lastname@example.org | 301.575.0332 | Biz Tek Today You can also connect with Offit Kurman via Facebook,Twitter,Google+,YouTube, and LinkedIn.