Founder & Form uses public research, owner-transition data, and practical business-readiness criteria to explain why preparation matters.
These sources support the succession, exit readiness, and owner dependency language used across Founder & Form pages.
Project Equity reports 2.3 million aging baby-boomer-owned U.S. employer businesses, equal to 44.7 percent of privately held employer firms. Those businesses employ 24.7 million workers and generate about $5.1 trillion in sales.
Project Equity estimates roughly 217,400 Florida firms tied to this ownership shift, supporting about 2 million workers and $355 billion in revenue.
Project Equity context notes that less than 15 percent of small businesses pass to family, and many owners over 50 report difficulty finding a buyer.
FIU Business has highlighted South Florida as a market with many small, family-run and immigrant-founded businesses, many without formal succession plans or clear valuations.