When to Exit

There are countless stories - we read about them all the time - businesses are being purchased left and right. As entrepreneurs, sometimes time slips away. It seems like just yesterday that the business started, and now the thoughts of "How do I get out of the success that I've created?" or "How do I sell?" start coming to mind. In our BEAR Visits and Discussions, many of the region's business owners mention that "it's about time." With this in mind, CEDC organized an intimate BEAR Lunch & Learn that approached the subject of succession planning realistically. Staying abreast of these business owners as they transition out is an important proactive economic development strategy for the community. By being proactive, an economic development organization such as the CEDC can be on the front [...]