SARANAC LAKE — The Adirondack North Country Association and its North Country Center for Businesses in Transition have teamed up with other organizations across the region in an effort to better understand the potential economic impact of the retirement of small business owners across the region. Now the Northeast Transition Initiative is seeking input from business owners about their concerns and experiences with succession planning and ownership transitions.
Those who own and operate businesses in the Northeast, including ANCA’s 14-county service area in northern New York, are being invited to support the research effort by completing a short, five to 10-minute online survey at ownershiptransition.org/survey by Saturday, Aug. 31.
ANCA Small Business Program Director Lauren Richard said survey responses will help service providers, civic leaders and policy makers better understand the scope and scale of the wave of business owners exiting the workforce in the next several years, the challenges it poses for local communities and its potential impact on the region’s economy.
Read the full article in the Adirondack Daily Enterprise.