County organizations guide North Country entrepreneurs to success

January, 2022

FRANKLIN COUNTY | An estimated 10,000 to 16,000 businesses in New York’s North Country region are expected to close or change hands in the next decade as their owners enter retirement.

Bolstered by the commitment of young entrepreneurs and the support of local economic development organizations, three Franklin County businesses — Little Town Lanes and Martin’s Handmade Pretzels in Moira and Happy Camping RV in Vermontville — will remain active in their communities for years to come.

According to the North Country Center for Businesses in Transition (CBIT), a program of the Adirondack North Country Association (ANCA), younger entrepreneurs are often unable to access the capital they need to purchase an existing business.

In response to this need, Franklin County Economic Development Corp. (FCEDC), a CBIT partner organization, worked closely with new owners of the three businesses to develop customized solutions that meet their business transition and financing needs.

Read the full article in the Sun Community News