Join us for an introduction to
Business Value & Transition
Boone County Development Agency and the Nebraska Business Development Center are inviting local business owners to join us for a FREE info session on April 6, 2023 to learn more about how to value and transition their business.
At some point, every business will need to transition.
By planning sooner you can create an easier path to new ownership.
The reality is, successfully leaving a business requires planning and time – three or more years for a sale and perhaps longer for a family succession. The sooner an owner begins to plan the better the odds are of success.
Who Should Attend:
Any Boone County business interested in learning more about the process and resources available to assist with Business Exit, Transition and Valuation.
Topics covered during this FREE session:
Hosted by
Why it’s important to create a business and transition plan.
What you need to prepare your business for sale or transition.
Stress test (How ready are you to begin planning?).
Understanding the role Inflation, gross profits and budgeting play in your planning.
Now what: know the available resources, including a one-on-one consultation with NBDC and the BCDA Valuation Program.
When:
April 6, 2023
Two sessions available:
11:30 PM – 1:30 PM or 5:30 PM – 7:30 PM
Meal provided at each session.
Where:
BCDA, Inc. Office
233 South 4th Street
Albion, NE 68620
Why This Session Matters
BCDA is committed to supporting business development and transition to help our local businesses keep their doors open. However, as we continue to work with business leaders, we believe there is a need for greater education and support through the business sale and transition process.
This is the first step toward helping Boone County businesses gain the information needed to effectively plan, seek resources and execute the right path for their future. Local businesses are invaluable to our quality of life and we’re working toward keeping our downtowns and business districts thriving.
FAQs
Any Boone County business interested in learning more about the process and resources available to assist with Business Exit, Transition and Valuation.
BCDA and NBDC are hosting this info session free of cost to any Boone County business.
Transitioning a business requires appraisals, inventory valuations, training, professional fees and many more added expenses which can cost thousands of dollars. This info session is the first step in BCDA’s Valuation Program. Upon completion of this four step program, Boone County businesses are eligible to receive funds from BCDA to help offset business transition costs.
If you are unable to attend either time on March 9th, please contact the BCDA office so we can provide you with other arrangements to participate in the info session.