North Coast SBDCEureka and Crescent City California

Help Exiting Your Business

Own a Business? Own Your Exit.

Smart business owners plan their transition from day one...
Whether it's this year or in ten now is always a good time to prepare your business for your departure. Our region contains a growing number of business owners who are approaching “business exit”, but haven’t yet figured out the strategy that best meets their business strategy, financial needs, and personal values. We can help.

Coming Next

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2019 Business Succession Program

Building on the success of the August 2018 Business Succession Conference, the 2019 Business Succession Program is an interactive, practical guide through your business exit. Best for owners who want intensive, hands-on help to engineer a sound exit in the next 1-10 years. Whether it’s selling to new owners, employees, or transferring to inheritors, this is your springboard to a smart exit. Questions? Contact Center Director Leila Roberts at leila@northcoastsbdc.org or (707) 445-9720 x212

Program Benefits

  • Create a strong exit plan that meets both your business goals and family needs.
  • Gain confidence that you’re “doing it right" with personalized support from your seasoned SBDC consultant.
  • Access best practices from experts who’d otherwise cost you hundreds or thousands of dollars. 

How to Participate:

  • One-to-one business advising throughout process (sign up to become a client)
  • Workshops
  • Facilitated Peer Coaching Group
  • Speed Consulting with specialists
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Workshops

Sign up for one or all the following workshops to help you through the "tricky" parts of selling or transferring your business.
Important for all business owners:
Selling the business:
Transferring to family members
Converting to employee ownership:
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Have a Buyer in Mind?

If you are working with someone (or some people) who would like to buy your business: send them to SBDC. We will also assign your potential buyer a business advisor to help them build a strong business plan, loan application, and more. <b>Important</b> Whenever SBDC is serving both a business seller and buyer we create a strict firewall between the two engagements. Our consultant works for their client's interests exclusively, and will not 

We also offer workships for business purchasers and people new to business:

https://www.northcoastsbdc.org/events/how-buy-business

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Facilitated Group Coaching

Respected Humboldt business transition coach Richard Borough is facilitating a peer support process to run in parallel with the Business Succession workshops. This small, private group will gather in between the workshops to help each other stay on track and discuss sensitive topics in a confidential setting. 

Participation is free thanks to generous sponsorship from The Headwaters Fund.

Interested?

  • Participants must be SBDC clients. Sign up online here or contact SBDC Director to become a client and request your intake interview: Leila Roberts leila@northcoastsbdc.org or (707) 445-9720 x212
  • ​Business owners only. 
  • Limit of 10 participants in group.
  • Come to the first gathering from 9 to 10 am on Friday, Feb 8th to learn more and meet your peers. The group will decide together how often and when to meet thereafter.
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Speed Consulting

SBDC also offers "Speed Consulting" appointments with specialists in finance, legal, management. This is an excellent opportunity to bring a concrete question or challenge into a private, one-to-one session and come away with concerete advice. Reserve a spot before or after a workshop, or ask for a virtual consulting appointment: contact Center Director Leila Roberts leila@northcoastsbdc.org or (707) 445-9720 x212

Speed Consulting Opportunities Include

  • What drives value in your business? Is your business strong enough to sell for a good price? Consult with Mike Balstad, Regional SBDC Business Succession Specialist
  • Is your business right--and ready--for conversion to employee ownership: with Donna Sky or Alison Lingane, Project Equity and SBDC advisors
  • Family business and family financial planning aspects of your business exit: with Mike Balstad, Regional SBDC Business Succession Specialist
  • The family / personal values and goal-setting aspects of your business exit: with Richard Borough, leadership & transition coach and SBDC advisor

Other speed consulting opportunities come up around new workshops: stay tuned!Q

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Sponsored by The Headwaters Fund

Primary funding for the Business Succession Conference and Program thanks to The Headwaters Fund of Humboldt County.

Additional Support From: 

And sustaining funding for SBDC from: 

 

 

Apply Now

It all starts here. Complete the application and submit your request. A member of the SBDC will follow up with you and help you achieve your small business goals -- at no cost to you.
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Funded in part through a cooperative agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA or HSU Sponsored Programs Foundation.