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Succession Planning Steps

Lars Peterson & Dan Beenken: Advance Iowa 
September 16, 2015 from Noon-1pm (central)
Webinar PowerPoint

 

danJoin us on Wednesday, September 16th at Noon as Advance Iowa lead consultants Lars Peterson and Dan Beenken share important steps to take now to ensure an easier transition in the future.

Having a successful succession plan for your business is all about starting early.  An outside buyer of your business is going to want to see that you have taken care to hire well and build out the processes critical to the longevity of your firm.  Granted, if you've just opened your doors, business succession is probably the furthest thing from your mind. That said, there are many portions of succession planning that are important for all businesses, regardless of their age.  

 What you'll learn about during this webinar:
  • Strategic Planning – Ensuring you have the people and processes in place to make a transition work
  • Cash Flow – Healthy cash flow is integral to any sale, we’ll help you get there.
  • Road Map – Starting early gives you more options when the time for exit comes around.  We focus on those early stage activities, building a plan, and working with you to move through it 

Dan Beenken serves as the Program Director and Lead Consultant for Advance Iowa. He also serves as Director of the UNI Small Business Development Center. Prior to his current roles, his experience was in the asset management, venture capital and investment banking industries – most recently in business development and product management for RBC Dain Rauscher. Beenken has extensive experience working with early-stage firms on capital formation and exit strategies. He has also served as a business consultant at the University of Minnesota and Iowa State University. Dan holds a bachelor’s degree in finance and entrepreneurial management from Iowa State University and an MBA from the University of Minnesota’s Carlson School of Business.

Lars is an organizational consultant, trainer, writer and a therapist in private practice. Lars’ past positions include serving as the Director of Integrated Health at Eyerly Ball Community Mental Health Services, Chief Operating Officer at Transition Point Business Advisors, Associate State Director with the Iowa Small Business Development Centers at Iowa State University and Vice President at Century Systems and Eagle Sign and Advertising. Lars Peterson has over 25 years of management experience including private for profit companies and nonprofits. As the owner of Lars Peterson Solutions Lars advises organizations on ownership and management transition issues, strategic planning, conflict resolution, leadership development and general business management. Lars also works with adolescents, adults and couples as a therapist in private practice. Lars has an MSW from the University of Iowa, a certificate in family business advising from the Family Firm Institute and he is a licensed mental health professional.

Past Business Webinars

CBGIverticalwebinarFor many years, the Center for Business Growth and Innovation (CBGI) at the University of Northern Iowa has provided and recorded hundreds of business webinars available to small business owners to watch and learn from.  Browse through some of our best recorded business presentations, or register to attend our next webinar for free!  If you are interested in being a speaker, or would like to recommend someone to us, please contact us at 319-273-4344 or email at info@iasourcelink.com.