FLINT — The Michigan Small Business Development Center (SBDC) has assembled a team of experts to discuss some of the many aspects of purchasing or selling a business from 8:30 a.m. to 2:30 p.m. May 1 at Kettering University.

According to to the MSBDC, as many “Boomer” business owners look to retire, there is an influx of Millennials, Gen X, as well as encore career retirees interested in entering the entrepreneurial space. To help entrepreneurs navigate the transition, a team of business growth consultants from the Michigan SBDC has worked to develop a brand new workshop.

“Over the past year the Michigan SBDC has worked to develop a totally new conference that goes way beyond the traditional advice on how to have a successful transaction,” commented Brooks Kindel, Business Growth Consultant at the Michigan SBDC.

Business buyers and sellers will learn:

n First steps in determining whether to buy or sell a business

n How to maximize the value of your business

n How to market your business and how to find a business for sale

n How to form a Transition Team of experts to help you buy or sell a business

n How to create a Transition Plan to keep you on track for success

n The basics of valuation, due diligence, brokers, and financing

n Implications for tax, retirement, and estate planning

n Keys to successfully transitioning a business to new ownership

n Post-acquisition planning, change management, and company culture

The registration fee of $75 includes access to the full conference, a continental breakfast, and lunch. Registration and payment by credit card is required for each attendee at clients.sbdcmichigan.org/workshop.aspx?ekey=60390007.

Upon registration, you will receive via email a map to Kettering and parking directions along with specific details of the location on campus. If you have further questions regarding the workshop or registration, call the Flint Regional SBDC office at (810) 762-9660.

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