Description

The Greater Rockford Chamber of Commerce is excited to announce the availability of Workshop sessions to address topics that were identified as concerns in the recent Chamber surveys. 

This workshop addresses Succession Planning and Exit Strategies. 

The session is ideal for businesses that want to better understand the process and take a proactive approach. 

Here are some background statistics regarding business succession: 

•There is a big wealth transfer occurring and will continue over the next 10+ years as business owners are aging and looking to sell their businesses 

•As reported in a recent Capitalize Network presentation, 80% of small businesses never sell- 48% close and for 32% the sale is terminated In this one-hour session, we will discuss the underlying facts and offer planning steps, things to consider, and strategy pitfalls to avoid. 

The workshop will be facilitated by Mark Tichgelaar of The Alternative Board of Rockford.