As a small business owner in Oregon considering selling my business, what specific guidance and support does the Oregon SBDC offer for 'Business Transition'? Identify at least five key ways they assist with the process, focusing on the practical steps and considerations they help navigate.
Navigate to oregonsbdc.org. Click on the 'Services' link in the main navigation. From the 'Services' dropdown, click on 'Business Transition'. Scroll down the 'Business Transition' page to view all content regarding their services. Identify and list at least five specific types of guidance or assistance provided for business transitions.
Successfully navigate to the 'Business Transition' page (oregonsbdc.org/services/business-transition/). Identify that the Oregon SBDC assists with planning and navigating the sale or transfer of a business. List at least five distinct ways the Oregon SBDC assists with business transitions, such as: - Assessing the transition timeline and business readiness. - Exploring different viable options for transitioning the business. - Advising owners on how to navigate and prepare for the transition. - Working through each step of the transition. - Identifying a team of professionals needed to complete the process. - Maintaining and growing business valuation throughout the process. - Keeping the company in a sellable position.