Entrepreneurship Through Business Acquisition posted 02/09/2018
Featuring: Linda O’Connell and Sandy Hanson, Barlow Research Associates, Inc., Heather Endresen, Live Oak Bank and Royce Yudkoff, Harvard Business School
The age of the business owner continues to increase. Many businesses held on to their companies throughout and after the recession, but since 2010, we've seen the percent of businesses planning to transition the ownership of their company in the next five years increase. What these transitioning owners plan to do, especially in the small business ($100K-<$10MM) market, has also changed over time. While the vast majority of current small business owners are the founders of their business, we are seeing a growing focus on entrepreneurship through acquisition of existing companies.
Join Barlow Research for a one-hour webcast as we share the Voice of the Business Customer data, as well as listen to insights from Heather Endresen, Senior Loan Officer at Live Oak Bank and Royce Yudkoff, Professor of Management Practice at Harvard Business School. We’ll learn how Harvard Business School is teaching entrepreneurship through acquisition and how Live Oak Bank is assisting budding entrepreneurs.
You will learn about:
- Business owners' plans for the transition of their company's ownership and how that has changed over time
- How businesses that are likely to have an ownership change in the next five years differ in their banking behaviors from businesses not planning a change
- How entrepreneurship is changing from starting a company to acquiring a company and how financial institutions can assist these budding entrepreneurs
The presentation is designed for anyone involved in small business or middle market banking, relationship management, marketing, market research or line of business strategy.