Minden hosting Business Succession Clinic - President of Sunbelt Financial Advisors Frank Haverkamp presenting

Release Date: 

04/20/2015

Contact(s): 

Dena Beck, denab@cfra.org, REAP Loan Specialist, Phone: (308) 528-0060, denab@cfra.org

Minden, Nebraska - The Center for Rural Affairs' Rural Enterprise Assistance Project (REAP) and the PK Partnership will sponsor a free program for business owners close to retirement or succession. The programHow to Succeed at Business Succession will help business owners determine and understand their most important priorities as they approach retirement or a management transition.

The free event will take place on Thursday, April 30, 2015 at the Minden Opera House from 11:30 a.m. - 1:00 p.m.
 
“If you’re thinking about selling your business anytime in the next 1-3 years then this may be the year,”advises Frank Haverkamp, President of Sunbelt Financial Advisors Inc., who will deliver the succession clinic. “Business values are at their highest level since 2007. Interest on purchase loans is the lowest in memory. Currently SBA loans for business purchases have an interest rate at 5.25-5.75%. There are a lot of qualified buyers looking for good businesses to buy. There are always more good buyers than good sellers. You should always sell when things are at their best.”
 
Event Location Details:
Thursday, April 30, 2015
11:30 a.m. to 1:00 p.m.
Minden Opera House
Minden, NE
 
"We're proud to be involved with PK Partnership in bringing Frank Haverkamp back to rural Nebraska," said Dena Beck, REAP loan specialist. "Retiring business owners are often confused as to where to start when preparing to sell their business as well as what options are out there for selling."
 
The workshop is intended to answer these questions and more - such as issues concerning: taxes, retirement, estate planning, employee management, structuring timelines, balancing personal and business concerns and much more.
 
One-on-one appointments are available after the meeting. To schedule a time contact the Minden Chamber at(308) 832-1811 by April 28.
 
The PK Partnership of Phelps and Kearney Counties is a public-private consortium of area professionals with a deep interest in helping businesses succeed in South Central Nebraska.