1  More information on “Addressing the Needs of Small Businesses,” held July 12, 2010, is available on the Board’s website at www.federalreserve.gov/newsevents/conferences/asfbconf.htm. BIS central bankers’ speeches  1  For many people, starting a small business is an opportunity to follow one’s particular dream.
We should recognize that it can also be an important option for people confronting economic challenges in their lives, such as insufficient retirement savings. A study conducted by the Kauffman Foundation suggests that both baby boomers and older generations are increasingly turning to entrepreneurial activities.