Week 1 (Kick-Off Session): February 18 8am-10am (120 Minutes)
Week 2: February 25 8am-9:30am (90 Minutes)
Week 3: March 4 8am-9:30am (90 Minutes)
Week 4: TBD
Week 5: March 18 8am-9:30am (90 Minutes)
Week 6: TBD
Week 7: Aprl 1 8am-9:30am (90 Minutes)
Week 8: TBD
Does your business have enough value to achieve your goals: 80-90% of business owner’s financial assets are tied up in their business. Will you have enough personal assets when you exit your business to do what you want?
Less than 24% of business owners have a succession/ transition plan and less than 5% realize a successful transfer due to unexpected life events.
The University of Minnesota Extension and VisionOne High PerformanceGroup have partnered to bring you an 8-week succession and transition planning course, specifically designed for small businesses in rural Minnesota
What will you gain by participating?
- Build knowledge and ability to strengthen your business in preparation for a succession event. Learn about resources in your community and how to leverage them.
- Draft a formal, written succession plan that addresses and supports your most important business succession, personal wealth, and legacy desires and needs.
- Engage in an online learning community featuring five weekly sessions including one 120-minute kickoff session and four 90-minute sessions to enhance your succession planning knowledge.
- During weeks 4, 6, & 8 business owner participants will meet in their community with local economic development facilitators and other local resources to apply their learning.