Episode 14: Understanding Rural Business Succession (Vital Connections On Air)

Runtime (39:10). Note: Our Vital Connections On Air episodes are audio-based interviews. Written transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio before referencing content in print.Selling a business is not the same as selling a house. There are a unique set of factors that owners, potential buyers, and communities must consider as small businesses change hands. Liz Templin, Extension educator in community economics, discusses how business owners and buyers can prepare for this transition and how communities can help