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University of Minnesota Extension
extension.umn.edu

Is your business ready for success(ion)? | winter 2023

Event information

Date

Add to Calendar 2023-01-12 09:00:00 2023-02-16 10:30:00 Is your business ready for success(ion)? | winter 2023 Are you and your business prepared for what's next? Whether your exit is three years or three decades away, every business owner needs an exit strategy. Don’t let one of the “five D’s” — death, divorce, disability, disease, and disagreement — knock your business off course. This five-week online course will guide you through a business succession planning process to learn, discuss and plan your transition. During the course, you will: Build your knowledge and the ability to create your business succession strategy. Learn with other business owners. Learn about the different options available to transition your business (third party, employee ownership, family, etc.). Become equipped to prepare your comprehensive succession and transition plan. The course features virtual learning on Zoom on Thursdays from 9-10:30 a.m., except on January 12. The first week is a reading/prep week with no scheduled class. The course is designed to be discreet and confidential as you explore essential issues about your business's future. For additional professional assistance, you may optionally contract for 1:1 consultation services. America/Chicago public

Time

Central time

Location

Online course

Contact

Michael Darger, University of Minnesota Extension
Business retention and expansion program lead
darger@umn.edu or 612-625-6246

Are you and your business prepared for what's next? Whether your exit is three years or three decades away, every business owner needs an exit strategy. Don’t let one of the “five D’s” — death, divorce, disability, disease, and disagreement — knock your business off course.

This five-week online course will guide you through a business succession planning process to learn, discuss and plan your transition. During the course, you will:

  • Build your knowledge and the ability to create your business succession strategy.
  • Learn with other business owners.
  • Learn about the different options available to transition your business (third party, employee ownership, family, etc.).
  • Become equipped to prepare your comprehensive succession and transition plan.

The course features virtual learning on Zoom on Thursdays from 9-10:30 a.m., except on January 12. The first week is a reading/prep week with no scheduled class. The course is designed to be discreet and confidential as you explore essential issues about your business's future.

For additional professional assistance, you may optionally contract for 1:1 consultation services.

Audience

The course is intended for business owners and other people affiliated with the business, including co-owners, managers, key employees and family members.

Costs

  • $500 — one business may register up to five people to participate. All participants need to enroll individually in order to gain access to course materials.

Registration

Register by 4 p.m. CST on Thursday, January 5, 2023.

Learn more about Extension's business transition course: Is your business ready for success(ion)?

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