Small Business Ownership Changes Are on the Horizon: Why You Want to Be a Player at the Table posted 10/06/2022
Featuring: Heather Endresen, Director, Sponsor Finance at Live Oak Bank & Sandy Hanson, Barlow Research Associates, Inc.
It seems that small businesses ($100K-<$10MM in sales) have had to deal with one new challenge after another over the last two years, from the pandemic itself to the Great Resignation to rising costs of doing business and now the potential of a prolonged recession. Yet, small businesses remain optimistic about their own financial condition. In addition to all the broader challenges they’ve faced, for many, ownership transitions are looming.
Join Barlow Research on Friday, October 7, 2022, as we discuss ownership transitions in the small business market and how you can help your current customers and prepare for the new owners.
In this webcast you will learn:
- What percentage of small business owners are planning a transition and what they intend to do
- How older and younger owners differ in their banking behaviors
- How younger entrepreneurs go about small business ownership and what financial institutions can do to be a player at the table
This discussion is designed for anyone involved in small business banking, relationship management, branch management, sales and sales management, marketing, market research, risk management or line of business strategy.
Get access to this research content and much, much more by becoming a member of one of Barlow Research's Subscription Research Programs. Learn how your entire insitution can enjoy the benefits our research!