This informational session is designed to grow awareness of the importance of succession planning for small business owners in Central Kansas. It is not a ‘how to’ workshop for exiting a business. Our session is particularly well suited for owners in the 30-50 year range, or at any stage in their business lifecycle. The presentation will include statistics from a recent survey of business owners, a discussion on business value, and a discussion on liquidity. Small business succession planning helps ensure that communities retain their core businesses and that owners are prepared for the next chapter in their life. There will be ample time for Questions & Answers following the presentation.
Class will be delivered online via Zoom.
Rick Feltenberger is Regional Director of the Kansas Small Business Development Center (SBDC) at Fort Hays State University. During his business career, Mr. Feltenberger was a serial entrepreneur and an accomplished Fortune 500 business executive. As an entrepreneur, Rick started and successfully exited 4 businesses and served as an Advisor-in-Residence for a business incubator where he assisted multiple startups. He is well versed in business plans, financial management, debt & equity funding (bank loans and investors), developing sales and growth strategies, and helping business owners Exit With DignityTM when they are ready for the next chapter in their life.
The North Central Regional Planning Commission is hosting a series of FREE trainings through June 2022 for residents, businesses and nonprofits located in the 12-county NCRPC service area including the following North Central Kansas counties: Clay, Cloud, Dickinson, Ellsworth, Jewell, Lincoln, Marshall, Mitchell, Ottawa, Republic, Saline, and Washington. Learn more and view the full calendar of available courses.