Succession Planning: Real World Stories on Main Street
Clayton Wendt, of Sunbelt Business Brokers
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.
"Good, practical usable-and relevant– information. Time well-spent, indeed”
“Great content. Great speaker”
“Refreshing! Alignment of business with humanity!”
-Quotes from past event attendees
8 AM- Registration/Networking
8:15 AM- Forum
9:30 AM - Adjourn
*This is an educational opportunity to provide the Midway Chamber of Commerce to build stronger businesses by providing educational opportunities on topics that are timely to daily business needs. Events are held quarterly and include topics such as building innovation, embracing creativity, crucial conversations, managing conflict, and much more. this is an opportunity for Chamber Members to learn from other Chamber Members.