Want to retire or sell your business? EDC has a workshop for that.

Submitted by the EDC

All business owners need to devote time and energy to developing a succession plan for their business. With a succession plan, business owners can identify a person or entity who can continue the business if tragedy strikes or when they decide to retire or sell. Join the San Juan County Economic Development Council for a free workshop, called Succession Planning for Small Business, from 1-2:30 p.m., Monday, May 15 at San Juan Island Library. Advance registration is required. Contact 378-2906 or jeanne@sanjuansedc.org to reserve your space. This workshop is not sponsored by the San Juan Island Library.

A small business succession strategy is a long-term process that can take months and sometimes years to implement successfully. Attendees will learn the strategies that will help them to plan for an effective transition of their businesses. Anyone who is planning to retire, sell a business or looking for ways to grow future leaders within their businesses should attend this free class.

Instructor Tony Salas is one of more than two dozen SBDC certified business advisors working in communities across Washington to help entrepreneurs and business owners who want to start, grow or transition a business. SBDC advising is provided at no cost to the client, is confidential and is tailored to the needs of each client.

The EDC thanks San Juan County government, our ports, Heritage Bank, Islanders Bank, the Department of Commerce, and Orcas Island Market for their support of this workshop.