“What if?”
What if these businesses never successfully transition to a new operator or family member? What if they suddenly disappear and stop adding value to your community?
This eBook offers solutions and practical advice and insight from two highly qualified individuals. Bethany Dentler, Executive Director of the Medina County Economic Development Corporation, and Chuck Richards founder of ValueCompass.
Private businesses in our own communities affect friends and families we know – and they can have lasting impact on our economy. Events occur, when the unexpected happens with no succession plan in place, that chan wreak havoc on family and community.
Surveys show that 80% of companies listed for sale don’t ever sell – and 70% of family businesses don’t transfer on to the kids. That should capture the attention of anyone in economic development or a local chamber of commerce.
Learn a few simple practices that can save a company from sudden demise.
Partnering with economic development organizations and chambers of commerce strengthens existing businesses and leads to stronger local economies.
Let’s work together – to strengthen communities by making private businesses more valuable and transferable.
We make it easy to get started.