Preparing for the future of rural small business
Many of the small businesses which make up the economic heart of our coastal community were started by owners who are now thinking about retirement. The June 2010 Small Business survey conducted for Community Futures BC by Leger Marketing indicated that 41% of business owners in rural BC plan to exit in the next 5 years. Yet many of these business owners didn’t have a plan on how to exit their business. We call these individuals “Generation Exit” – a whole generation of business owners wanting to exit the small business world. Are you one of these people?