Successful business owners know what their succession plan or exit strategy will be years before it's going to happen. Building sales is imperative in the early stages of a business, but eventually building the value of the business itself becomes increasingly important. Whether your exit strategy is in place or you need to develop one, this workshop will help you understand what your business is worth now, what kinds of strategies will add or reduce its overall value over time, and how to monitor and manage business value growth.
Our presenter today is Richard (Dick) Halterman, Business Transfer Specialist with Murphy Business & Financial Corporation. He lives and works in the Shenandoah Valley.
Business Smarts-Lexington is a series of six workshops designed to guide you through an assessment of your business’ status, and to identify business strengths and weaknesses, plan for, and implement improvement strategies. The series is brought to you by the SV SBDC, Main Street Lexington, and the Chamber of Commerce Serving Lexington, Rockbridge County, and Buena Vista.