Wednesday, April 30, 2014

Business News

Selling Your Business? 

Free workshops at UFV May 14-15

Released by Michelle Graham, CEPCO/Darrell Goertzen photo

 

enture Connect in partnership with the Province of BC and Community Futures BC is offering a Business Succession Planning Workshop in at least 30 communities around BC. Over the next few years one-quarter of all BC businesses will go on to the market for sale.

In years past, the population growth and demographics easily supported new buyers to take over these businesses. The entrepreneur shortage is expected to last for the next couple of decades which will place many British Columbians businesses and community at risk, especially rural communities.

Research shows the average time to sell a business is growing – and growing quickly. In 2006, it was 7.9 months and not this has grown to a year or longer. A CIBC study concludes the owners of half of all small businesses in Canada are set to retire over the next decade. It's clearly a buyer's market and expected to stay this way for years to come.

• Who will buy these businesses?
• More importantly, who might buy your business?
• And what can you do to improve your return from a sale?

Get the information you need to plan and prepare your desired succession at the Business Owner Succession Strategies Workshop

• Understand your exit options
• Ensure your business gets exposed to the right target market
• Maximize its value when you sell

When: Wednesday, May 14, 4:00 - 5:30
Where: Community Futures Building E UFV, 45635 Yale Road, Chilliwack
No Charge. Light Refreshments. Seating Limited
To Register call 604.392.5133
For more information, visit www.ventureconnect.ca 

About Darrell Goertz

Your host, Darrell Goertzen is pleased to share with you his knowledge, creativity and breadth of experience with business owners through his role as a Business Advisor for Venture Connect. Darrell’s background includes experiences in the corporate world across Canada and the US, as well as being a business owner in 4 different companies. He has started several small businesses and successfully transitioned them to new ownership. His corporate executive experience includes mergers & acquisitions, business development, marketing & sales and he has led business units in BC, Ontario and New York. He has also been a business coach, strategy and business planning consultant and seminar leader for business owners. Darrell also serves on several private boards and has been actively involved with Junior Achievement and other mentoring programs.

 

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