SuccessionMatching.com is an online community of business buyers, sellers, and succession planning professionals. Farm and business buyers and sellers create a profile and pay an annual fee—or input a coupon code obtained through special programming—to become a paid member on the site. This gives them access to our matching services, full library of resources, and business listing options. An Economic Development Officer also reviews each new member profile and sends out a welcome message with suggestions for next steps in their transition plan. Members control their own profile and set privacy options to allow secure and discreet site access.
Saugeen Connects is proud to partner with SuccessionMatching.com allowing our regional farm and business owners to access this service free of charge through coupon codes. Contact us today to receive your complimentary coupon code!
Activities; Screening selection and admin; Business Succession training; Contracting SuccessionMatching.com; Marketing and promotion of the initiative.
Challenges and Opportunities: Many businesses and farm owners are looking to transition their business and retire. Only 9% have succession plans. Lack of succession planning is a leading contributor in business retention An infusion of new business owners, entrepreneurs and business investment is required to sustain and stimulate business growth in the area. Finding buyers for farms and businesses is a challenge.
Project Outcome/Benefits: Business retention, Revenue generation from sales; dollars retained in the community, Increased employment, Business owner succession and development, Grow the local economy, Positive impact on downtown revitalizations, Retention of critical businesses in the community, Employee development and retention, Additional money transfer