(SARASOTA, Fla., September 20, 2018) A new tool to help business owners engage in critical thinking and planning for selling or transitioning their business will be introduced at a free Success Strategies for Business Owners Meetup on September 25.
“Exit Strategy Imperative” will provide insights into why it’s important to have an exit strategy and introduce the new one-page EXIT STRATEGY CANVASTM that was developed by SCORE Manasota to provide business owners with a detailed exit roadmap to help plan for a successful exit – which may happen voluntarily or as a result of health or unexpected outside factors.
By planning well in advance, an owner can maximize business value and prepare for future needs. As business growth accelerates and owner equity builds, the exiting process increases in complexity. The ESC™ instructions contain most exit options, along with alternative strategies and considerations.
This session will cover business valuation, how to position your business for a sale, and how to improve your business using the Exit Strategy Canvas tool. Attendees will also learn about getting help from a SCORE mentor and applying for acceptance into the chapter’s ESC program.
Presenters Dennis Zink and Peter Gruits, both certified SCORE mentors, were instrumental in developing the new Exit Strategy Canvas, along with a team of local SCORE volunteers. Zink, chair of SCORE Manasota, says, “SCORE has been known for helping with business startup and development of existing businesses, and Exit Strategy Canvas was designed to help with the third leg of ownership – figuring out how to prepare for an exit that will realize the full equity of an established business.”
This free event is sponsored by SCORE Manasota, Manatee County Public Library Information Services, and Manatee County Economic Development Division. The Friends of the Central Library will serve refreshments.
The Meetup will be held from 11:30 AM to 1 PM on Tuesday, September 25, at Manatee County Downtown Central Library, 1301 Barcarrota Blvd. West, Bradenton.
Registration is requested and is available at https://www.manasota.score.org.
For additional information, contact SCORE Manasota at scorech116@verizon.net or 941.955.1029.
About SCORE Manasota
SCORE Manasota is a local chapter of SCORE. Over 90 volunteer business experts provide free, confidential business mentoring and business education services for established businesses and startups. Since 1964, SCORE has helped more than 11 million aspiring entrepreneurs. Each year SCORE’s 10,000 volunteer business experts provide hundreds of thousands of free small business mentoring sessions, workshops and educational services to clients in 300 chapters nationwide. In 2017, SCORE volunteers provided 3.6+ million hours to help create more than 54,000 small businesses and 116,000 full-time, part-time and contractor jobs. For more information, visit www.manasota.score.org
About the Manatee County Public Library System
The Florida Library Association’s 2016 Library of Year and two-time Innovation winner, the Manatee County Public Library System supports the County’s growing community and visitors through a wide range of educational and technological resources and programs at six facilities in downtown Bradenton (Riverwalk), the east county region, the south county area, Holmes Beach, Palmetto and Ellenton. This past year, Manatee Libraries was visited by nearly 850,000 customers who made use of its resources over 3.9 million times (a record high). Downloads of their digital ebook/eaudio/movies have continued to double each year, while technical training and computer assistance were up 16%. The 47,000 customers who attended their wide variety of informational and educational programs and events reflect an increase of 130% since 2006. For more information, call Downtown Library at (941) 748-5555, ext. 6307. For more information on Manatee County Public Library System, visit mymanatee.org/library and follow them at Facebook, Twitter and Instagram @manalibraries. For more information about Manatee County Government, call 941-748-4501 or visit mymanatee.org, facebook.com/manatee.county.fl or twitter @ManateeGov
About Manatee County Economic Development Division
Manatee County Economic Development Division helps businesses with site selection, permitting, rapid response, impact fees and access to a variety of federal, state and local economic incentives. For more information call 941-749-3029 or visit mymanatee.org
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