IDEAS home Printed from https://ideas.repec.org/p/ags/ncrcrd/396377.html

Small Business Owner Succession and Exit Intentions: North Central Region Analysis

Author

Listed:
  • Wiatt, Renee D.

Abstract

Rural small businesses have been and continue to be the backbone of their local community. Rural small businesses consist of more than simply farms that we often associate with rural. Rural small businesses deliver more than just goods and services to their community; they serve as a gathering place, a social hub, and support for the rural residents that they serve. Thus, when a rural small business closes instead of passing to the next generation, the community loses more than just a business. They lose a local partner, a community gathering spot, and the goods, services, and jobs that they provide. This article takes an introductory look into the exit intentions, succession plans, and what is needed to bring in the next generation.

Suggested Citation

  • Wiatt, Renee D., 2026. "Small Business Owner Succession and Exit Intentions: North Central Region Analysis," NCR-Stat Discussion Papers 396377, North Central Regional Center for Rural Development (NCRCRD).
    • Handle: RePEc:ags:ncrcrd:396377
    DOI: 10.22004/ag.econ.396377
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/396377/files/PDF_NCR-Stat_2026_Succession.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.396377?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ncrcrd:396377. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://ncrcrd.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.