Isle of Wight Business Events
A lot of business owners dream about leaving the stress behind and heading to retirement. For others, life circumstances change and a sale of a business is a way to accomplish new goals. While many assume they’ll sell or hand it over to the kids one day, they don’t think of the timeline it can take to set up that transition. All of the things you put up with and fires you put out will turn off buyers. You can’t stage a business like you do a house when prepping for sale, but a lot of the concept applies.
If you’re a baby boomer dreaming about “life on the other side” or a startup fresh to the market, there are steps to take make sure you’re building an asset you can sell, not a set of headaches you’ll simply shut down.
Join Isle of Wight County Economic Development and Leigh Abbott of Church Lion on July 29th at the Carrollton Library for the Small Business Roundtable “Could You Sell Your Business if You Had To?” Through a basic set of questions, see what you need to do to make the answer a profitable “YES!”
- Are you the best part of the business?
- Are you the only part of the business?
- How much is in your head but not written down?
- What type of documents and plans can increase value?
- How long does it take to get the house in order?
- Could someone step in and run it tomorrow if they tried?
Join us for a morning program getting it “out of your head” and onto paper with some checklists and practical steps you can take right away.
RSVP by Friday, July 25th by calling 757-356-1962 or email email@example.com