Real World Stories on Main Street
Learn more about succession planning from Clayton Wendt, Sunbelt Business Brokers, at the next installment of the Small Business Forum.
Every small business will eventually have to transition to a new leader. About one-third will go to a family member or long-time employee. Another third to a vendor or competitor. And the last third to an outside buyer not known to the business prior to the deal.
No matter which plan you choose, you need to consider nearly the same critical issues. We will discuss:
1. How to be sure you will realize the proceeds you need to fund your next phase of life.
2. How to protect the business from damage caused by the transition or worse, the rumors of transition.
3. How to be sure the new leader has the skills and values needed to assure success and protect your name and employees into the future.
When: Wednesday, April 13, 2016
Where: Concordia University, Saint Paul
Buenger Education Center
200 Syndicate Street
Saint Paul, MN 55104
8 AM- Registration/Networking
8:15 AM- Forum
9:30 AM - Adjourn
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