BOZEMAN - Beginning April 7, the Montana Manufacturing Extension Center at Montana State University will co-host a webinar and workshop series to help business owners maximize the value of their business.
The series, called “Be In The Five,” will educate business owners on the fundamentals of building business value, reducing risks and options for drawing wealth from the business as part of a comprehensive personal financial plan. The name of the series refers to the small percentage of business owners who successfully and satisfactorily sell their businesses, according to MMEC.
Co-hosted by MMEC, Rocky Mountain Bank and Strategic Value Advisors, the program will consist of four hour-long webinars plus one of three half-day capstone workshops held in Billings, Bozeman and Kalispell.
The webinars will cover topics including:
- Why are some businesses worth more than others in the eyes of investors and buyers?
- What are the key drivers and detractors of value in a business, and how can business owners reinforce the drivers of value?
- What are the different options for reducing business risk, making assets more liquid and turning a business into a profitable investment and not just a source of income?
- How can employers engage with employees to identify drivers of value in a business?
The webinars will be held on April 7, 14 and 21 and May 5 from 12-1 p.m. The capstone workshops will be held from 12-4 p.m. on May 15 in Billings, May 16 in Bozeman and May 18 in Kalispell.
Participants must complete the webinars in order to attend one of the workshops, which will offer opportunities for discussion with other business owners and to consult privately with Montana Manufacturing Extension Center and Strategic Value Advisors experts. Access to recordings of the webinars will be provided to program participants.
Jenni West, Montana Manufacturing Extension Center, firstname.lastname@example.org, 406-994-3876