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Selling Your Business and Succession Planning (SBA Money Smart Series)

March 30, 2022 @ 13:00 - 14:00 CDT

Join the SBA Minnesota, North Dakota, and South Dakota District Offices for the Money Smart Business Management Series.

The Selling a Small Business and Succession Planning for a Small Business training provides an overview of selling a small business and succession planning and is designed to help participants to understand how selling a business can benefit their business.

Participants at this workshop will learn about:

  • How to change the ownership of a business through selling, closing, or transferring the business
    to successors.
  • How to establish an exit strategy for retirement which includes a succession plan, transferring ownership of the business, and paying taxes

Join the SBA Minnesota, North Dakota, and South Dakota District Offices for the Money Smart Business Management Series.

Money Smart introduces core skills for successful small business management, and participants can chose a topic of their choice or to attend the entire series.

The 13-Part Money Smart Series includes the following sessions:

1.) Is Owning a Business a Good Fit for You?

2.) Planning for a Healthy Business

3.) Banking Services

4.) Organizational Types

5.) Time Management

6.) Financial Management

7.) Recordkeeping

8.) Strong Business Credit

9.) Risk Management

10.) Insurance

11.) Tax Planning and Reporting – understanding taxes and your business

12.) Selling Your Business and Succession Planning business

13.) Managing Cash Flow