Exploring Exit Strategy Options for Your Business & Selling to Your Employees
Date and time
-
Location
Online
Organizer
Matt Spoehr
matthew.spoehr@sba.gov
Host organization
SBA
Type of event
SBA event
Event description
Too many business owners don’t have a realistic plan for how to exit their business, earn a decent retirement income, and preserve the legacy they’ve built and the jobs they’ve created. They don’t understand their options and don’t have time to figure it out on their own.
Because of this, they wait until they are ready to retire before they think about how to exit their business, and liquidation and closure becomes the default option. Unfortunately, this option shortchanges the owner and results in lost jobs and economic assets for our communities.
Don’t let this happen to you! No matter how big or small your business, this workshop will help you understand what you need to know and plan for and help you understand and assess your options and decide which one makes most sense for you. Exit planning process and options will be covered, but a deeper dive into one of the least understood options – selling to your employees – will be a focus. This session will be led by Rob Brown and Jonathan Ward.
Register