Center for Businesses in Transition Moves Forward

January, 2019

The Adirondack North Country Center for Businesses in Transition has announced a slate of community liaisons, a monthly workshop series and other ways the group will share insights, skills and resources to assist local businesses in transition.

The Center for Businesses in Transition is a collaboration of regional organizations and leaders whose goal is to support existing business owners and aspiring entrepreneurs in developing successful business transition strategies.

The partnership covers the 14-county North Country region. Eight designated “community liaisons” will play a role in supporting successful transitions including the following options: selling on the open market, intergenerational family transitions, and conversions to a worker ownership model.

The Center for Businesses in Transition is planning 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.”

Read the full article in the Adirondack Almanack.