Unlock Wealth In Your Business
Great Northern Development Corp. will be hosting an event for business owners that can pave the way for their businesses’ successful futures.
Do you own a business and wonder how to unlock its true potential? Join us on Nov. 8 in Glasgow at the Cottonwood Inn conference room at 9 a.m., Nov. 8 in Wolf Point at the GNDC conference room at 1 p.m. or Nov. 9 in Sidney at the Richland County Extension conference room at 9 a.m.
These one-hour sessions could transform the trajectory of your business. This event is your opportunity to learn the art of crafting effective exit strategies and get answers to your burning questions.
An exit strategy is a longterm planning process that every business owner must consider, whether it’s to sell the business or transfer ownership. Developing a solid exit strategy is of utmost importance. But how do you start, and what steps are essential for this journey?
Key topics that will be covered include: Critical Questions: What questions should you be asking when developing your exit strategy?
The Right Team: Who needs to be on your exit planning team to ensure a successful transition?
Communication Timing:
When and how should you inform your employees, vendors, and customers about your plans?
Confidential Transition:
How can you efficiently prepare your business for the active market while maintaining confidentiality?
Family, Friends, and Employees: What steps should you take if a family member, friend, or employee expresses interest in purchasing the business?
Tom Nelson, Eastern Montana Business Broker at Murphy Business, will serve as the expert presenter. With more than 16 years of experience in financial management and being licensed by the Montana Board of Realty Regulation, Nelson is well-equipped to guide you through the intricacies of business exit strategies.
For more information and to reserve your spot, visit: Glasgow: https://mtsbd c .ecente rd i re c t . com/ events/5683 Wolf Point: https://mtsbd c .ecente rd i re c t . com/ events/5684 Sidney: https://mtsbd c .ecente rd i re c t . com/ events/5685 Or contact the Wolf Point Small Business Development Center at sbdc@gndc.org 406-650-2524. This event is free for all to attend, but register is requested.
