KANSAS SBDC SUCCESSION TRANSITION EXIT PLANNING Our clients are often unsure of what steps to take to make a smooth transition so we help them plan for a future with which they can be comfortable.
THEY WANT help valuing a business, working through the details of the process
WE PROVIDE planning, strategy for value acceleration, and business valuation, including a 1-hour business value estimate
THEY BENEFIT By working with owners on how to make the most of their business value, we address their retirement or exit financial needs, and plan for what happens after they sell. Our advising helps reduce the stress of the process.
For Kansas SBDC business clients, we help them through the challenge of leaving their business. We make it manageable for business owners to evaluate their options with confidence. We advise, refer, and connect businesses to the resources they need to succeed.
We help business owners who are interested in selling their business to internal or external buyers. Our advising helps reduce the stress of the process. Our clients include business owners in a variety of industries that want to transition their business to their children, to employees, or to partners as well as sell the business on the market to an outside buyer.
Do you need help weighing your options? We invite you to contact a location near you when you are ready for assistance.
Business advising is confidential and at no cost to the owner. SBDC services are made available to you and your business by funding from the U.S. SBA, Kansas Department of Commerce, and university hosts and other partners. Curious? Read our FAQs.
So, how does this work?
First, to become a client, you sign up online. Next, a center rep near you will contact you to cover your next steps. Next steps may include an online assessment, training, or it may be a one-on-one meeting with a business advisor.
When you meet with a business advisor the advisor’s role is to listen to you and learn about your financial challenges in a judgement-free environment. The advisor will ask about your goals, your needs, and your expectations. They’ll ask about the implications that your transition planning process has on other aspects of your business. We know that change doesn’t exist on its own, so to really help your business, we like to look at the whole picture.
When you and your advisor agree on a plan of action, we’ll proceed.
What you might discover when working with our team
You might find that we work best as objective outsider that can be there to talk through ideas or to serve as a sounding board. Or you may need us to dig in and help you prepare or revise a succession, exit, transition, buy, or sell plan. Or you may find that you need us to get deep into the details and work together to develop strategies and tactics to test for a specific aspect of planning or for your overall brand. Whatever approach works best for you, we’re here to assist.
If we discover that what you need is beyond our scope, we can refer you to great attorneys, accountants, and other business service providers operating as other small businesses in Kansas. Even if we refer you to outside resources, you’ll find that we willing to be there to work with you as you implement new programs in your business.
Want to get started? Sign up online.