Saturday, May 20; 9 a.m. to Noon
Impact Dakota - Fargo, 4141 38th Street South, Suite 1D
Developing new leaders is the No. 1 talent challenge facing organizations worldwide, with 86 percent of companies rating it as “urgent” or “important.”
All business owners need to devote time and energy to developing a succession plan for their small business. With a succession plan, the small-business owner identifies a person or persons who can continue the business in the event that tragedy strikes or when the current owner decides to retire or sell.
Do you know how you are going to exit your business? Will someone from within move up and take over? Is there a family member that needs to be groomed for the future? Will you sell? Big dreams aside, the truth is that many small business owners have no exit strategy for their businesses in the event of their disability, retirement, or death.
Given the current economy, it isn’t surprising small business owners focus their energies on business survival, future growth, and even remaining active in business after retirement. However, a business exit strategy not only means having a plan for the unexpected - including financial hardship, injury, disability and even death - it also means having a plan for the succession or transfer of ownership of your business when it comes time to hang up your hat and retire.
What legacy will you leave for your employees, family, customers, and community? This workshop will provide information and resources to help you navigate through the mine field of success.
You worked hard to get to where you are today and deserve the piece of mind that a smooth transition plan provides.
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