Customized Training

Community Futures offers:

• customized training programs or group workshops for your staff or volunteers
• a large database of instructors and workshops who are able to tailor a workshop to meet your organization's needs
• a spacious, comfortable training facility in Nelson and a state-of-the-art computer lab
• workshops in your workplace or alternate location if it would better meet your needs

If you are interested in finding about more about the training opportunities Community Futures has for your company, please email us

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Succession Planning Workshops

We offer Business Succession Planning Workshops, organized by the Nelson and Area Economic Development Partnership, usually once per year. The workshops take place over the course of three Tuesday evenings from 6:00—8:00 pm. The dates are usually in January or February.

This highly successful workshop will provide information to business owners on the importance of advanced succession planning and its key role in identifying potential opportunities and options, finding solutions and providing a smoother transfer.

You will learn:

· Rationale, research and succession planning basics

· Exploring your transition options

· Contingency planning

· Family business succession, employee buy-out, external sale, or other options

· Managing the transition

· Financing, tax and legal considerations

· Business valuation

· Planning next steps and timeline

In the fall of 2008 we surveyed business owners in the area. Findings from over 200 surveys returned showed that 55% of business owners plan to retire or sell their business within the next 10 years.

Without proper planning, many businesses that do not need to close, may close. The impact could be substantial. If even if half of the 55% of businesses in Nelson close without finding a successor, the impact of approximately 300 businesses shutting down over a 10-year period is enormous.

 

We successfully ran this workshop in 2009 and 2010. One of the comments from a business owner who attended the workshops was “This workshop has blown me away and really opened my eyes to what I have to do. It’s intimidating, but I am so appreciative that I attended this. Thank you, thank you.”

If you are interested in the 2011 workshops, please contact Lisa Cannady at 352-1933 x105 or Lcannady@futures.bc.ca.

If you are a business owner that is interested in selling your business, we invite you to visit www.InvestKootenay.com and register to post your opportunity and connect with investors. It's easy, it's fast, and it works.