Date and Time
Thursday May 4, 2023
9:00 AM - 10:30 AM CDT
Date
Thursday, April 6, 2023 - Thursday, May 11, 2023Time
9 - 10:30 a.m. Central time
Location
This course is offered online only. Find out more information here: https://extension.umn.edu/event/your-business-ready-succession-spring-2023
Fees/Admission
$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.
Contact Information
Kathryn Leys: leysx004@umn.edu or 507-401-4020
Michael Darger: darger@umn.edu or 612-625-6246
Description
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 April 6. 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, March 30, 2023.
https://extension.umn.edu/event/your-business-ready-succession-spring-2023
