Graduate Business School, Maine Chamber host succession planning webinar – UMaine News


The College of Maine Graduate Faculty of Enterprise and the Maine State Chamber of Commerce will host a free webinar about succession planning from 11 a.m.–midday, April 8. 

In Maine, child boomers personal 12,790 companies that make use of 108,000 folks and lots of of those companies might want to transition to new possession within the coming years. Current analysis from Wilmington Belief discovered that just about 50% of companies owned by these 65 and older — which represent 60% of all enterprise house owners — don’t have any succession plan. 

Faye Gilbert, govt dean of the Maine Enterprise Faculty and interim dean of the Graduate Faculty of Enterprise, and Jason Harkins, affiliate dean of the Maine Enterprise Faculty, will lead this system, which is free and open to the general public. Matters will embody figuring out sorts of exit methods, placing a profitable system in place to your successor, and constructing a help system. 

“Happily, there are a variety of exit choices accessible to people who are ready which significantly improve the worth of the agency,” Harkins says.” 

“Robust plans for exits might strengthen the financial system of Maine, the wealth of the house owners, and jobs for the workforce in our state,” Gilbert says.

“This is a vital webinar for Maine enterprise house owners and leaders, rising entrepreneurs, and anybody concerned in enterprise operations,” says Ben Gilman, Common Counsel for the Maine State Chamber of Commerce. “Having a well-planned succession technique is useful for any group, its staff, and Maine’s financial system.”

Preregistration is required. Go to this system webpage for extra data and to register. 

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