Planning for the succession of your business can be a daunting and complicated task. To ensure business owners receive access to the resources and services required in transferring or selling a business, CFTC has partnered with 6 Community Futures offices to form a subsidiary, Venture Connect.
Venture Connect is a corporation governed by a 12 member Board of Directors who are driven to assist you with the sale or transfer of your business. These experienced individuals and ready to assist in guiding you through the succession processes aptly resulting in a smooth transition.
In 2006 it was estimated that more than 40% of small business owners planned to leave their businesses in the next five years, and more than 70% within the next ten years. Yet up to 71% of these business owners didn’t have a plan on how to exit their business.
We call these individuals “Generation Exit” – a whole generation of business owners wanting to exit the small business world. Are you one of these people?
For comprehensive succession planning services please contact: