New research reveals Australia’s small businesses are heading for a succession cliff

By Yajush Gupta · 16 April 2026 · News

New research reveals Australia’s small businesses are heading for a succession cliff

Small Business Owners Face Uncertain Future

Australia's small business landscape is on the brink of a crisis as owners approach retirement without a plan in place. Will their businesses be able to survive the transition?

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Summary

One in three Australian small business owners plans to retire within five years, but just 16% have a documented succession plan.

Tags: Succession