Business Succession

Are you a business owner who is starting to think about retirement? Or even just wants to prepare for situations in the future that may require you to transition your business to someone else?
67% of businesses in the US are owned by Baby-Boomers
78% of business owners have no written transition plan
Don’t know where to begin? We can help.
Don’t be caught off-guard, be prepared to transition your business when you want, as you see fit.
Write a plan:
-Start planning 1-3 years ahead of planned transitions.
-Show 3+ years of profitability in financial records
-Get a business valuation to target improvements
-Create a leadership transition plan
-Offer mentorship to the new owner
Check out the website below for access to guides, reports, podcasts, and more
Have you heard of BizLink North? It is a new, free tool designed to connect business buyers and sellers in south central MN. Check out their website HERE
or contact us and we can get you in touch with further resources and support

City Hall

175 West Avenue
Zumbrota, MN 55992

Contact Us

Phone: 507-732-7318
Fax: 507-732-7884

Office Hours

Mon - Wed: 7am - 4:30pm
Thurs: 7am - 5:30pm
Fri: 7am - Noon
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