New YorkNewsRuralSBA

Keeping North Country businesses alive

From the Press Republican:

More than 10,000 business owners nearing retirement in the North Country, and new ones are hard to find, but the new Adirondack North Country Center for Businesses in Transition stands ready to help. The unique collaboration of regional organizations and leaders aims to support existing business owners and aspiring entrepreneurs in developing successful business transition strategies…

Angela Smith, of the SUNY Canton Small Business Development Center at Clinton Community College, is a lead partner for the center and will leverage the SBDC’s research tools and expertise in order to strengthen the initiative’s efforts across the region. The Center for Businesses in Transition hosts a monthly workshop series that covers topics relevant for transitioning businesses including “Preparing to Sell Your Business,” “Transitioning to Employee Ownership,” “Intergenerational Family Transitions, Creative Solutions and Alternative Structures,” and “Aspiring Entrepreneurs: Taking Over an Existing Business.”

Get the full story here:

https://www.pressrepublican.com/news/local_news/keeping-no-co-businesses-alive/article_65ca9560-ccfb-5e1d-adcc-ad1fbb0d745f.html