Young Sign Company in Leavenworth, Kansas, was launched in 1978 by Gene Young. Like many small business owners, Gene started with two family members as employees—his daughter, Ann, and his son-in-law, John Hoins. After a while, Gene retired, which put Ann and John in charge of running the business with the help of their sons, the third generation involved in the family business.
Over the last forty years, Young Sign Company has grown into a full-service electric sign manufacturing business. While the business was near and dear to John’s heart, he was ready to slow down and step away, but he wanted to do so in a way that would result in an effective business transition for the generation of new workers that would take over.
This prompted Young Sign Co. to contact the Kansas SBDC at the University of Kansas regarding succession planning and business growth. Kansas SBDC advisor Will Katz assisted by offering objective financial and valuation analysis. Katz also helped Young Sign Co. connect with other professional service providers for planning and preparation.
Ann Hoins believes that the certified advisors at the Kansas SBDC helped the company immensely with objective analysis, support, and great resources. “[We have] seen significant growth,” said Hoins. “[We] recently completed a significant renovation of the building we have been in for years, which helps us move employees in preparation for our succession plan.”
To learn more about Young Sign Co., visit their website, https://youngsigncompany.com/ or call (913) 651-5432. You can also find Young Sign Co. at their physical location at 326 Choctaw Street in Leavenworth, Kansas.