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February 27, 2015

Financing Workshop Announced By SRDC & VtSBDC

Filed under: SRDC — admin @ 9:33 pm

Representatives from Peoples United Bank, Vermont Community Loan Fund, Vermont SBA, Vermont Economic Development Authority, and Springfield Regional Development Corporation will participate in a three-hour workshop and panel discussion to help small businesses develop a better understanding of best practices and resources for financing a business in Vermont.
As part of the Economic Development Agency’s support for continued recovery from the 2011 flooding disasters, this workshop is offered jointly by Springfield Regional Development Corporation (SRDC) and the Vermont Small Business Development Center (VtSBDC). The three-hour workshop is free by registration and begins at 9:00 am on Friday, March 20, at the NewsBank Conference Center on Main Street in Chester.

“To grow and thrive in today’s competitive economy, small businesses need to understand how to manage their money and develop solid financing relationships,” says Bob Flint, SRDC Executive Director.

Attendees can expect to learn how to address their financing needs by:
• understanding how to determine the mix of equity and capital that’s right for their situation
• learning about what sources of capital are available to them
• knowing how to put together a winning application to present to lenders
Small business owners, managers, and entrepreneurs can register online:

Or go to this address:

February 2, 2015

The Search for a Good Exit: Ownership Succession Planning Workshop on 3/5 in Springfield

Filed under: SRDC — admin @ 8:40 pm

An introduction to business ownership succession planning will be offered on Thursday, March 5 from 2:00 to 5:00 PM at the Howard Dean Education Center, 307 South Street in Springfield.  There is no cost for this event.  Attendees will receive a copy of “An Owner’s Guide to Business Succession Planning.”

In this seminar, you will learn the basics of how to choose a path for ownership succession in your business.  We will take a close look at four different ways of selling a business: to an outsider, to family members, to managers or to the larger group of employees.  While we will get into some technical details, the focus will be on stories about each path, told via video by owners who have been involved in the sale of Vermont businesses.  Our lead presenter will be Jeffrey Graham, owner and managing officer of Graham & Graham, P.C., a full service accounting and consulting firm with offices located in Springfield and Barre, Vermont, and Laconia and Concord, New Hampshire.

Attendance is limited to business owners and key managers.

Sponsors of the event are the Springfield Regional Development Corporation, the Vermont Small Business Development Center, the Vermont Manufacturing Extension Center and the Vermont Employee Ownership Center, with funding provided by Northfield Savings Bank and the Vermont Agency of Commerce and Community Development.

To register, please click here.