Business
U.S. Bank Small Business Survey Finds More Than One-Third of Gen Z and Millennial Owners Plan to Acquire a Business From a Retiring Owner – But Many Older Owners Aren’t Ready
MINNEAPOLIS, June 16, 2025--U.S. Bank today released its third Small Business Perspective survey report, a nationwide survey of 1,000 small business owners.
About this update from U.s. Bancorp
[{"type":"image","alt":"Top 5 use cases small business owners have for Gen AI.","displaySize":"","headline":null,"caption":"Top 5 use cases small business owners have for Gen AI.","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":398,"height":480,"url":"https://media.zenfs.com/en/business-wire.com/c47d28ee0469742cfbefd54fe2526af0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/kAgNPIiH1wDewlgOq5RU4w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTg1MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/c47d28ee0469742cfbefd54fe2526af0","width":398,"height":480}},"lazy":false},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1078,"height":301,"url":"https://media.zenfs.com/en/business-wire.com/8f3b2e6b5bc1a7244efb43240808f896"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/odZvSLcptqZxhDRF.oqNaQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTI2ODtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/8f3b2e6b5bc1a7244efb43240808f896","width":960,"height":268},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/hccFCG2F3pdDhV4S_8mzCA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxNTY7aD02MDI7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/8f3b2e6b5bc1a7244efb43240808f896","width":1078,"height":301}}},{"type":"list","items":[{"val":[{"type":"text","content":"Succession Gap: Many older owners lack formal succession plans, even as younger generations prepare to take over.","length":113,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Economic & Operational Stress: Owners are feeling stress over the economy, inflation, funding issues, and daily tasks —despite recent growth.","length":145,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"AI Adoption Rising: Over half are using or planning to use Gen AI, though many feel overwhelmed by tech demands.","length":112,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":370,"olType":false},{"type":"text","content":"MINNEAPOLIS, June 16, 2025--(BUSINESS WIRE)--U.S. Bank released its third Small Business Perspective survey report today, revealing how owners across the country are responding to an environment defined by rapid change. The nationwide survey of 1,000 small business owners explored how they are navigating challenges ranging from...