In this seminar, you will learn the basics of how to choose a path for ownership succession in your business. We will take a close look at four different ways of selling a business: to an outsider, to family members, to managers or to the larger group of employees. Tim Cope of NFP and Don Jamison of the Vermont Employee Ownership Center (VEOC) will give an overview of the mechanics of the most common ownership transition models. While we will get into some technical details, the focus will be on stories about each path, told via video by owners who have been involved in the sale of Vermont businesses.
**Joining us live for this seminar will be Stephanie Pope, a third-generation dairy farmer from Bridport who will tell the story of the transition of ownership from her parents to herself, her husband and brother.**
Attendance is limited to business owners and key managers.
Note on Parking: Training/Meeting room parking can be found in the North parking lot of Porter Hospital near the memorial apple orchard. No parking is allowed across Collins Drive at Rainbow Pediatrics.
Sponsors of the event are the Addison County Economic Development Corporation, Addison County Chamber of Commerce, the Vermont Small Business Development Center, the Vermont Manufacturing Extension Center, the Vermont Retail & Grocers Association and the Vermont Employee Ownership Center, with funding provided by the Vermont Agency of Commerce and Community Development.
Thursday, May. 36:00 pm - 9:00 pm