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How to Buy or Sell a Business

Tue 12:00 PM to 1:30 PM
Topic: Managing a Business

It may seem like a crazy time to consider buying or selling a business, but in reality the timing could not be better. Rural Colorado presents tremendous opportunity on both sides of buying and selling. Our population is growing! The more rural the location, the more important it is for towns to retain their essential business services.

This short workshop is for both buyers and sellers and covers a range of topics to consider. If you are a current business owner looking ahead to retirement, moving, or your next startup venture - tune in! If you dream of working for yourself, buying a business presents a way to enter the market with an established customer base and brand. Join us and get your wheels turning, no matter which side of the table you're sitting on!

Topics include: • The Elements of a Business Sale • Business Valuation • Recasting Financial Statements • Business Financing • Value Drivers • Asset vs. Stock Sales • Why and When to Buy or Sell

This webinar will be presented on Zoom. Please register to receive the link to join.

Speaker(s): Bob McNutt has spent the last 26 years on an entrepreneurial journey starting several companies. He founded an IT products and services company in 1992. Success came after years of tough lessons, sleepless nights and relentless stress. These challenges led him to join a leadership peer group where he discovered the book Traction by Gino Wickman, which illuminates The Entrepreneurial Operating System® (EOS®). He implemented EOS® in his own business because he recognized the power of a simple, holistic way of operating a small business. EOS® was able to clarify his company’s vision, gain consistent traction and vastly improve team health. It helped him formalize his leadership team and solve even the toughest business challenges. Ultimately his quality of life improved and his company flourished. He successfully sold his company to a local business owner in 2018. Because of the tremendous changes EOS® brought to his IT company he decided it was time to return to his entrepreneurial roots by helping implement EOS® for other companies. His passion to help other small business owners succeed continues to grow exponentially. In addition to his own consulting practice, Bob is a consultant with the Northwest SBDC and West Central SBDC. He has helped numerous business owners in Northwest Colorado navigate the steps to buy or sell a business.

Fee: No Cost

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