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(507) 526-6275

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Succession Planning

The Faribault County EDA realizes that running a business day to day makes it difficult to find time to plan what might happen if one day you weren’t able to run your business. That is why we have dedicated resources to help you plan for the future.

Structured Course (https://extension.umn.edu/community-development/supporting-business-succession-and-transition) - The University of Minnesota Extension is offering a class on transition planning. Check out the link to find out when the next class will be offered.

Free Resources (https://www.score.org/) - SCORE has a variety of options for learning more about succession planning. Check out the link to access their business education database to take advantage of their free online resources.

One on One Consultations (https://www.myminnesotabusiness.com/)- The Mankato SBDC has consultants that specialize in supporting business transitions. Check out the link to sign up for a free consultation.

If you are ready to begin your transition, the Faribault County EDA can provide support to you and a potential successor. Contact the EDA to learn more.

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