Helping with Business Transitions
Buying/Selling a Business
Buying a business can be an exciting and stressful time for any new business owner. Selling a business can be both financially rewarding and personally satisfying knowing that your business will continue on after you're gone. Whether you're ready to buy or sell, the Kansas SBDC can help make the process more manageable through confidential one-on-one advising.
Understanding Business Value
Business Valuations - We help you assess what your business is worth and how you can increase the value before you sell. When a company is valued, it involves far more than looking at a financial statement. The Kansas SBDC looks at a variety of components, including the operation of the business, customers, the industry, and more.
Business Value Acceleration
We provide you with the assistance you need to maximize the value of your business, so you can exit on your terms. We work with you to determine the current value of your business and assess where you need to build value, enabling you to achieve your financial goals inside and outside of the business.
Succession/Exit Planning
We help business owners who are interested in selling their business to internal or external buyers. By working with owners on how to make the most of their business value, we address their retirement or exit financial needs and plan for what happens after they sell. Our clients are often unsure of what steps to take to make a smooth transition so we help them plan for a future with which they can be comfortable. Our advising helps reduce the stress of the process.
To help with all of this, we have partnered with the Kansas Center for Business Transition as a free resource to help small business owners plan and execute their business transition.
The Capital Access Center (CAC), part of the Kansas Small Business Development Center (SBDC) and funded through the 2020 CARES Act, is a consulting service to small business owners needing Capital (Loans, Lines of Credit, etc).
"Funded in part through a Cooperative Agreement with the U.S. Small Business Administration."