Not-for-Profit, Award-Winning Community News and Views for Windham County, Vermont • Since 2006

Wilmington Works offers class in business succession planning

WILMINGTON—If you own a business and you plan to retire one day, or if you think you might someday want to change gears in your life, you will eventually be faced with the task of selling or transferring ownership of your business.

The Economic Development Committee of Wilmington Works is offering a free seminar, “Introduction to business succession planning,” to all local business owners on Tuesday, Sept. 12, from 4 to 6 p.m., at Historic Memorial Hall.

The information in this seminar is valuable to any business owner, no matter what age you are or what stage your business is in.

The seminar will be presented by Philip Steckler of Country Business, Inc., the leading business brokerage and merger and acquisition company in Northern New England.

The firm has managed the sale of 1,200 businesses since 1976 with sale prices ranging from a few hundred thousand dollars to over $25 million, including the following local businesses: Grey Ghost Inn, Kitzhoff, Deerhill Inn, Deerfield Valley Energy, and Deerfield Valley Supply. Businesses in Brattleboro include The Vermont Country Deli, Vermont Artisan Design, Bradford Machine, Brattleboro Bowl, The Shoetree, Brattleboro Print, Prospect Park Press, and The Putney Road Redemption Center.

Steckler will introduce business owners to the following topics: maximizing the value of their business, properly pricing and positioning a business for sale, attracting qualified purchasers, minimizing taxes, and maintaining confidentiality.

Additional topics include analyzing the business’ strengths and weaknesses; understanding the marketplace; business valuation and the proper selling price and terms; offering the business for sale while maintaining confidentiality; and more.

This is an interactive seminar, and questions and discussion are welcome.

There is no charge to attend, and all local business owners from surrounding towns are welcome. For more information, contact Wilmington Works at, or 802-234-1433.

Like what we do? Help us keep doing it!

We rely on the donations and financial support of our readers to help make The Commons available to all. Please join us today.

What do you think? Leave us a comment

Editor’s note: Our terms of service require you to use your real names. We will remove anonymous or pseudonymous comments that come to our attention. We rely on our readers’ personal integrity to stand behind what they say; please do not write anything to someone that you wouldn’t say to his or her face without your needing to wear a ski mask while saying it. Thanks for doing your part to make your responses forceful, thoughtful, provocative, and civil. We also consider your comments for the letters column in the print newspaper.

Add Comment

* Required information
Type the numbers for four hundred seventy-two.
Captcha Image
Powered by Commentics

Comments (0)

No comments yet. Be the first!

Originally published in The Commons issue #422 (Wednesday, August 23, 2017). This story appeared on page D3.

Related stories